Trump Reshapes AI Policy, Google Returns to Smart Glasses, and G7 Nations Coordinate Democratic AI Governance

Welcome to today's edition of AI Business Weekly. From President Trump's executive order blocking state AI regulations and greenlighting Nvidia chip sales to China for a 25% revenue cut, to Google's 2026 return to smart glasses competing with Meta's unexpected success, today demonstrates that AI's evolution is increasingly shaped by political and strategic decisions rather than purely technical advancement. G7 ministers convene in Montreal to coordinate democratic approaches to AI governance while Resemble AI secures $13 million to combat the deepfake threats that same technology enables. These developments underscore a fundamental transition: artificial intelligence policy has moved from the margins to the center of geopolitical competition, regulatory frameworks, and consumer technology strategy. The question is no longer just what AI can do, but who decides the rules governing its development, deployment, and international trade. Let's dive in.

President Donald Trump announced Monday he will sign an executive order preventing individual states from implementing their own artificial intelligence regulations, establishing exclusive federal oversight of AI development and deployment across the United States. Trump stated "there must be only One Rulebook" to maintain America's AI leadership, calling some states "bad actors" in the regulatory process. The move would preempt growing state-level AI laws in California, Colorado, and other states that have addressed AI safety, bias, and transparency. While industry groups support federal preemption for simpler compliance, AI safety advocates worry eliminating state experimentation could create regulatory gaps. Read more

President Trump announced the U.S. will permit Nvidia to sell its advanced H200 AI chips to approved customers in China, with 25% of sales revenue going to the U.S. government. Trump stated Chinese President Xi Jinping responded positively to the proposal, marking a dramatic reversal of Biden-era export restrictions. The H200 represents Nvidia's latest data center GPU, previously blocked from Chinese markets due to national security concerns. The revenue-sharing arrangement is unprecedented in semiconductor trade, potentially reshaping U.S.-China tech relations while generating billions for the government. However, the deal raises questions about oversight mechanisms, national security implications, and whether advanced AI capabilities should be commercialized to geopolitical rivals regardless of revenue considerations. Read more

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Google announced Monday it will launch AI-powered glasses in 2026, featuring its Gemini AI assistant in both audio-only and display-equipped models. The move intensifies competition with Meta, whose Ray-Ban smart glasses have achieved surprising market success through partnership with EssilorLuxottica. Google previously attempted smart glasses with Google Glass in 2013 but withdrew after privacy concerns and limited adoption. The new approach focuses on AI capabilities rather than just camera features, reflecting how generative AI has transformed the value proposition for wearable devices. Both audio glasses and in-lens display versions suggest Google is hedging between mainstream adoption through subtle designs and more advanced augmented reality experiences. Read more

Resemble AI announced a $13 million strategic investment round, bringing total funding to $25 million for its AI threat detection platform. Founded in 2019, the California company built DETECT-3B Omni, which identifies AI-generated deepfakes in real-time across audio, ideo, images, and text in dozens of languages. The funding comes as deepfake fraud escalates globally, with criminals using AI voice cloning and video manipulation for financial scams, election interference, and corporate fraud. Resemble's multimodal approach addresses the challenge that deepfakes increasingly combine multiple formats to appear authentic. As generative AI tools become more accessible and sophisticated, demand for reliable detection systems has surged across financial services, government agencies, media organizations, and enterprise security teams. Read more

G7 industry and technology ministers gathered in Montreal this week for a two-day meeting on AI governance and quantum computing coordination during Canada's G7 presidency. Canadian AI Minister Evan Solomon emphasized that intelligence has become abundant for the first time in human history, requiring decisions that will shape technological progress in democratic nations. Canada's G7 presidency focuses on giving business leaders, especially small and medium enterprises, confidence to deploy AI technologies. The meeting follows June's G7 leaders summit and reflects growing recognition that international coordination on AI policy is essential as capabilities advance at unprecedented speed. Experts stressed that cooperation among democratic nations is critical to establishing governance frameworks that balance innovation with responsible development. Read more

Today's developments reveal how political and strategic decisions have overtaken pure technical innovation as AI's primary drivers. Trump's dual announcements—blocking state regulations while enabling Nvidia's China sales for revenue—illustrate that AI policy now operates as transactional geopolitics rather than principled governance. The contrast is striking: preempt California's safety regulations as "bad actors" while accepting national security risks for 25% of chip sales. Meanwhile, G7 ministers coordinate democratic AI frameworks in Montreal even as member nations pursue divergent regulatory approaches, exposing the tension between aligned principles and sovereign implementation. Google's return to smart glasses eight years after Google Glass failed demonstrates that AI capabilities have finally created compelling use cases for wearable computing that cameras alone couldn't justify. Yet Resemble AI's $13 million raise to detect deepfakes highlights the paradox that the same technology enabling ambient AI assistance also weaponizes misinformation at scale. The pattern isn't technical capability constraining policy—it's politics determining which capabilities get deployed where and under what terms. Winners won't be determined by who builds the best models, but by who navigates the regulatory, geopolitical, and competitive landscape most effectively as AI transitions from technology to infrastructure governed by the same forces that shape trade policy, national security, and international relations.