STOCKS | U.S. Tech Leaders Push Light-Touch AI Regulation at G20

Technology executives and Trump administration officials urged policymakers from other major economies to adopt pro-AI policies at a G20 meeting focused on innovation and technology. According to Sina Finance, they warned that overly strict regulation could stifle an industry they said could drive rapid global economic growth and help tackle difficult diseases. Nvidia CEO Jensen Huang, OpenAI's Sam Altman, Meta CEO Mark Zuckerberg, and Tesla and SpaceX CEO Elon Musk all spoke at the event. According to Sina Finance, U.S. Commerce Secretary Howard Lutnick, White House AI adviser David Sacks, and White House Office of Science and Technology Policy Director Michael Kratsios echoed the view that the U.S. government's light-touch approach is boosting the domestic economy.