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Trump, AI CEOs sign voluntary safety pact, back data center expansion - Finance news and analysis from Global Banking & Finance Review
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Trump, AI CEOs sign voluntary safety pact, back data center expansion

Published by Global Banking & Finance Review

Posted on September 29, 2026

5 min read

· Last updated: September 29, 2026

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Trump, Tech CEOs Agree on Voluntary AI Safety Standards and Support Data Center Growth

By Courtney Rozen and Steve Holland

White House Meeting Sets New Course for AI Safety and Data Center Expansion

WASHINGTON, Sept 29 (Reuters) - US President Donald Trump on Tuesday said tech executives agreed to establish voluntary standards for AI and reiterated his support for rapid expansion of data centers, as concerns mount over AI safety and the industry's growing footprint in communities.

Details of the White House Agreement

Trump made the comments after meeting with tech executives at the White House. The companies agreed to work with "independent auditors" to assess whether AI systems are working as their designers intended, according to a copy of the agreement posted by Trump on his social media platform. The companies also said they would work to ensure their AI tools do not "hack or access technical systems in unintended ways." 

Growing Scrutiny Over AI Risks

The administration faces increasing scrutiny over risks posed by advanced AI, after OpenAI and Anthropic reported their AI agents had gone rogue and hacked into other companies' systems. 

Community Concerns Over Data Centers

Data centers, which provide the computing power to train and run AI models, have drawn opposition in communities nationwide over concerns about electricity demand, utility costs and other local impacts. The backlash poses a political challenge for Republicans heading into the US midterm elections on November 3. 

Trump and Tech Leaders Respond to AI and Data Center Challenges

Trump’s Perspective on the Agreement

"It's almost like a constitution, in a way," Trump said, referring to the agreement between the companies. "And the biggest people in the world signed that, and I signed it as president. And it really is a form of protection." 

Public Statements and Media Event

What began as a closed-door lunch with technology executives spilled into public view when Trump joined House Speaker Mike Johnson and a lineup of CEOs on the White House driveway, an area rarely used by the president to speak to journalists. He took questions from reporters for about 30 minutes on AI safety and other topics with the CEOs standing behind him.

Tech Industry Leaders in Attendance

The unusual scene came as pressure has mounted on the administration to address the risks and rapid spread of AI, and underscored the alliance Trump has cultivated with leaders of the tech industry. Executives at the meeting included OpenAI's Greg Brockman, Anthropic's Dario Amodei, Meta's Mark Zuckerberg, Google's Sundar Pichai and Nvidia's Jensen Huang.

Commitments to AI Safety Oversight

Zuckerberg, pulled forward from the crowd of billionaire executives by Trump to speak, said the companies agreed to develop "robust internal controls" for their AI systems. Trump said he is considering setting up a 10-person board to police the safety of AI tools. He did not specify potential members of that group. He added he would soon name a new official to lead White House policies on AI. 

Focus on Data Centers and Political Implications

Trump Doubles Down on Data Centers

DOUBLES DOWN ON DATA CENTERS

Asked whether he was concerned that his support for data centers could hurt Republicans in November, Trump said tech companies would work to make communities "happy" about the construction of data centers.

"These big, powerful, very rich, very smart companies are going to be making massive contributions to communities," Trump later told reporters gathered on the White House driveway, surrounded by the company executives. 

Public Opinion on AI Safety

But the companies have come under fire for not doing enough to make AI safer. A nationwide Reuters/Ipsos poll from September 17 to 20 shows some 73% of respondents worry that AI companies haven't done enough to prevent AI from causing serious harm to society, and 55% of people said it would be good to slow AI development.

Political Donations from AI Industry

AI company executives and investors were among the largest individual donors in 2025 to MAGA Inc., a political action committee aligned with the president. OpenAI's Brockman and his wife, Anna Brockman, gave a combined $25 million to the committee in 2025, according to Federal Election Commission records.

Launch of New AI Tool and Industry Support

Unveiling of Government AI Tool

Trump met with the CEOs the same day his aides announced a new AI tool that they said will make it easier for the public to use government services. 

Silicon Valley’s Role in the Launch

Silicon Valley executives attended an event launching the new tool, including Meta's Dina Powell McCormick and Sequoia Capital partner Shaun Maguire. Airbnb co-founder Joe Gebbia led the design of the new tool. Silicon Valley companies Google, SpaceX, Meta and 8VC were listed in the launch event's program as sponsors. 

Security Claims and Terminology Shift

Trump at the launch event said the AI tool could not "in theory, be hacked into" by bad actors. He did not provide evidence.

Trump on Tuesday also directed government agencies to use the words "super intelligence" instead of "artificial intelligence" when referring to the technology.

Reporting Credits

(Reporting by Courtney Rozen and Steve Holland in Washington; additional reporting by Trevor Hunnicutt; Editing by Chris Sanders, Colleen Jenkins, David Gaffen, Nick Zieminski, Cynthia Osterman and David Gregorio)

Key Takeaways

  • Tech CEOs and Trump endorsed voluntary AI safety standards with independent audits and controls, calling it “almost like a constitution” (axios.com)
  • Public worry about AI safety and data centers is high: 73% say companies aren’t doing enough on AI harm prevention; 44% strongly oppose new data‑center construction (investing.com)
  • Trump doubled down on backing data‑center expansion, citing economic benefits and pledging tech firms will ease community concerns (investing.com)

References

Frequently Asked Questions

What agreement did Trump and AI CEOs sign?
Trump and top tech executives signed a voluntary safety pact to establish standards for AI and ensure independent audits of AI systems.
Which tech leaders participated in the White House meeting?
Tech leaders included OpenAI's Greg Brockman, Anthropic's Dario Amodei, Meta's Mark Zuckerberg, Google's Sundar Pichai, and Nvidia's Jensen Huang.
Why is data center expansion a concern?
Data centers raise concerns over high electricity demand, increased utility costs, and their impact on local communities.
How did the public react to AI safety issues?
A Reuters/Ipsos poll found 73% of respondents worry that AI companies have not done enough to prevent serious societal harm.
What new initiative on AI was announced by the White House?
The White House announced a new AI tool aimed at making government services easier for the public to use.

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