{"id":12627,"date":"2026-05-07T12:28:19","date_gmt":"2026-05-07T12:28:19","guid":{"rendered":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/2026\/05\/07\/trumps-ai-policies-sound-oh-so-familiar-fortune\/"},"modified":"2026-05-07T12:28:19","modified_gmt":"2026-05-07T12:28:19","slug":"trumps-ai-policies-sound-oh-so-familiar-fortune","status":"publish","type":"post","link":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/2026\/05\/07\/trumps-ai-policies-sound-oh-so-familiar-fortune\/","title":{"rendered":"Trump\u2019s AI policies sound oh so familiar – Fortune"},"content":{"rendered":"

Good morning.<\/strong> My Fortune<\/em> colleague Allie Garfinkle recently spent some time with Brian Schimpf, the engineer-turned-executive at the helm of Los Angeles-area defense tech darling Anduril.<\/p>\n

\n

Schimpf usually sits in the shadows compared to company cofounder Palmer Luckey (of Oculus VR fame). But the \u201cself-identified Democrat who believes strongly in deterrence,\u201d as Garfinkle puts it, is leading a semi-controversial company at the front of a wave of renewed tech interest in the federal government\u2014a sort of Mr. Smith Goes to Washington<\/em>, if Jimmy Stewart\u2019s character was a hoodie-wearing Thiel Fellow who ran a drone startup.<\/p>\n

Her profile of the Anduril CEO is well worth your time<\/a>. So is joining us at Fortune Brainstorm Tech in Aspen in four weeks, where Schimpf is scheduled to speak<\/a>.<\/p>\n

\n

Today\u2019s tech news below. \u2014Andrew Nusca<\/em><\/p>\n

P.S. RIP Ted Turner<\/a>, the \u201cblunt and slightly impolitic\u201d media mogul who was \u201cimpossible to ignore.\u201d<\/p>\n<\/div>\n

Want to send thoughts or suggestions to\u00a0Fortune Tech?\u00a0Drop a line\u00a0here<\/a>.<\/em><\/p>\n

Trump\u2019s AI policy team is on the cusp of implementing many Biden-era policies<\/h3>\n
<\/p>\n

\"President<\/p>\n

<\/a>

President Donald Trump after signing executive orders in the Oval Office of the White House on April 30, 2026 in Washington, D.C.<\/figcaption>

Andrew Harnik\u2014Getty Images<\/p>\n<\/figure>\n

When it comes to AI, the Trump administration has positioned itself as the opposite of the Biden White House, criticizing what Trump\u2019s tech policy advisors saw as overly burdensome AI safety efforts and licensing regimes and embracing an anti-regulation approach.<\/span><\/p>\n

But the Trump administration is <\/span>about to engage<\/span><\/a> in a head-spinning policy pirouette. Trump is reportedly considering an executive order that would create a government-industry working group to examine how frontier AI systems should be evaluated before release. And its Center for AI Standards and Innovation (CAISI)\u2014the Trump administration\u2019s renamed version of the Biden-era United States AI Safety Institute\u2014just announced partnerships with Google, Microsoft, and xAI to evaluate some AI models before deployment.<\/span><\/p>\n

In a television interview Wednesday morning, White House National Economic Council Director Kevin Hassett said a potential executive order would create \u201ca clear road map\u201d for how advanced AI systems should be evaluated before release\u2014\u201cso that they\u2019re released to the wild after they\u2019ve been proven safe, just like an FDA drug.\u201d<\/span><\/p>\n

The renewed push for evaluations is being framed less around AI ethics concerns and worry about existential dangers, which was a strong focus of the Biden administration, and more around immediate national security risks.\u00a0<\/span><\/p>\n

Still, much of the government\u2019s evaluation effort depends on cooperation from the companies building the models.\u00a0<\/span><\/p>\n

\u201cAI model vetting can motivate model makers to invest more in resilience, and it can help expose obvious weaknesses,\u201d said Rob van der Veer, chief AI officer at the tech consultancy Software Improvement Group. \u201cBut AI models will remain fragile, no matter how much we test them.\u201d <\/span>\u2014Sharon Goldman<\/span><\/i><\/p>\n

ServiceNow tells Wall Street it\u2019s going to double again<\/h3>\n

Bill McDermott has a habit of making promises that sound like boasts and then keeping them.<\/span><\/p>\n

When he took the helm of ServiceNow in 2019, the company was doing $3.5 billion in annual subscription revenue. This year, it will finish at nearly $16 billion.\u00a0<\/span><\/p>\n

\u201cWe are printing a new ServiceNow every year,\u201d he told reporters this week.<\/span><\/p>\n

ServiceNow <\/span>says<\/span><\/a> it intends to double the company again by 2030, reaching more than $30 billion in subscription revenue.\u00a0<\/span><\/p>\n

What made analysts pay attention wasn\u2019t the target itself, but the framing. CFO Gina Mastantuono noted that in 2021, the company set a five-year target of $15 billion in subscription revenue. It\u2019s now on track to beat it by half a billion dollars.<\/span><\/p>\n

The company\u2019s pipeline supports the claim. ServiceNow currently holds $27.7 billion in remaining performance obligations\u2014approximately double its annual revenue\u2014a metric McDermott cited on television Tuesday as evidence the company is \u201cgrowing faster than any other enterprise software company at scale in the world. Ever.\u201d<\/span><\/p>\n

The company\u2019s most closely watched line item is the trajectory of Now Assist, ServiceNow\u2019s AI product line. The company crossed $600 million in Now Assist annual contract value in 2025\u2014more than doubling year-over-year\u2014and entered Q1 2026 at $750 million. This week, ServiceNow raised its full-year AI ACV target from $1 billion to $1.5 billion\u2014more support for its argument that AI doesn\u2019t compress its revenue, but compounds it. <\/span>\u2014Nick Lichtenberg<\/span><\/i><\/p>\n

Strauss Zelnick is staking $1.5 billion on the biggest game launch of the decade<\/h3>\n

After 15 years churning out hit titles like <\/span>Grand Theft Auto<\/span><\/i>, <\/span>Red Dead Redemption<\/span><\/i>, and <\/span>NBA 2k<\/span><\/i>, Strauss Zelnick knows what makes a hit\u2014even if he doesn\u2019t play video games himself.<\/span><\/p>\n

Zelnick, who has been CEO of Take-Two Interactive Software since 2011, has helped skyrocket the company\u2019s stock price from about $12 per share when he took charge to $216 per share as of Tuesday\u2019s close. He also quintupled the company\u2019s net revenue during his tenure, to $5.6 billion for fiscal 2025.<\/span><\/p>\n

Zelnick is now preparing for potentially the biggest game launch of the decade as Take-Two prepares to release <\/span>Grand Theft Auto VI<\/span><\/i> this fall amid broad economic uncertainty.\u00a0<\/span><\/p>\n

It doesn\u2019t help that the competition in games has exploded over the past decade or so. Some 19,000 games were released in 2023 for consoles and PC, compared to just under 2,000 in 2014, according to data from Bain & Company.<\/span><\/p>\n

And let\u2019s be honest: Expectations for any new <\/span>Grand Theft Auto<\/span><\/i> title are high. The series\u2019 previous installment, <\/span>Grand Theft Auto V<\/span><\/i>, racked up $1 billion worth of sales in three days in 2013\u2014the fastest any entertainment release has ever reached that milestone\u2014and has persisted as the bestselling in the U.S.<\/span><\/p>\n

There\u2019s little doubt that <\/span>GTA VI <\/span><\/i>has been pricey to develop, as Zelnick himself has acknowledged. It has also experienced delays. The title was originally scheduled to launch in the fall of 2025, and then in May 2026. It is now scheduled for release on Nov. 19.\u00a0<\/span><\/p>\n

But the game development process is a marathon, not a sprint. \u201cIt\u2019s sort of like when I was in college. I never pulled an all-nighter because I was good about doing my homework,\u201d Zelnick <\/span>recently told <\/span>Business Insider<\/span><\/a>. \u201cYou do your homework, you don\u2019t pull an all-nighter.\u201d <\/span>\u2014Marco Quiroz-Gutierrez<\/span><\/i><\/p>\n

More tech<\/h3>\n

\u2014<\/span>SpaceX and Anthropic do a deal.<\/b><\/a> Colossus 1 supercomputer access and \u201cmultiple gigawatts of orbital AI compute capacity.\u201d<\/span><\/p>\n

\u2014<\/span>Musk v. Altman<\/b><\/a>: Mira Murati testifies that Sam Altman lied to her and undermined her ability to do her job.<\/span><\/p>\n

\u2014<\/span>Snap shares drop 4%<\/b><\/a> as the company\u2019s Q1 revenue of $1.53 billion meets analyst expectations.<\/span><\/p>\n

\u2014<\/span>FanDuel CEO exits after five years.<\/b><\/a> Amy Howe is succeeded by President Christian Genetski.<\/span><\/p>\n

\u2014<\/span>Arm shares jump 10%<\/b><\/a> after the SoftBank-owned chip company estimates that CPU demand for AGI will drive $2 billion in sales over the next two years.<\/span><\/p>\n

\u2014<\/span>Google\u2019s quiet AI install.<\/b><\/a> Four gigabytes of Gemini Nano on your computer, thanks to Chrome.<\/span><\/p>\n

\u2014<\/span>DoorDash shares rise 11%.<\/b><\/a> The company\u2019s Q1 revenue misses estimates but its Q2 forecast for \u201cgross order value\u201d is stronger than expected.<\/span><\/p>\n

\u2014<\/span>DeepSeek fundraises at a $50 billion valuation.<\/b><\/a> The Chinese AI startup reportedly reconsiders outside funding.<\/span><\/p>\n

AI Playbook: Keeping up with AI’s rapid evolution<\/h3>\n

<\/p>\n

AI is becoming an even more useful\u2014and dangerous\u2014tool as it gets smarter. Fortune<\/em> AI Editor Jeremy Kahn breaks down best practices for deploying AI agents, how to protect your data from AI-powered cyberattacks, and just how smart AI can really get. Watch the playbook.\u00a0<\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Good morning. My Fortune colleague Allie Garfinkle recently spent some time with Brian Schimpf, the engineer-turned-executive at the helm of Los Angeles-area defense tech darling Anduril. Schimpf usually sits in the shadows compared to company cofounder Palmer Luckey (of Oculus VR fame). But the \u201cself-identified Democrat who believes strongly in deterrence,\u201d as Garfinkle puts it, […]<\/p>\n","protected":false},"author":1,"featured_media":12628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/posts\/12627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/comments?post=12627"}],"version-history":[{"count":0,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/posts\/12627\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/media\/12628"}],"wp:attachment":[{"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/media?parent=12627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/categories?post=12627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wpinitiate.com\/echo-test\/demo973e36f5\/wp-json\/wp\/v2\/tags?post=12627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}