Trump administration's new AI plan focuses on deregulation, beating China
The plan was developed by the Trump administration's AI and crypto czar, David Sacks, and the Office of Science and Technology Policy.
The 24-page plan outlines over 90 federal actions focused on three areas of focus: increasing private-sector innovation, expanding AI-related infrastructure and exporting American AI. It follows President Donald Trump's January executive order directing the creation of an "AI Action Plan" within 180 days.
The proposals appear to break from the Biden administration's more safety-first AI framework, but White House officials cast the strategy as essential to "winning the AI race" against global competitors, especially China.
The new plan comes as consumer advocates warn it gives tech companies outsized influence and effectively lets them write their own rules. Public Citizen called it "a corporate giveaway."
MORE: AI risks 'broken' career ladder for college graduates, some experts say
"The Trump administration's reckless AI agenda prioritizes corporate profits over public safety. The administration plans to give billions to Big Tech so they can burn even more dirty energy, release untested products, and rush into the AI era without accountability to the American public," the group said in a statement.
Trump is expected to issue executive orders tied to the plan's priorities. The president on Wednesday will appear at the "Winning the AI Race" event, hosted by the Hill and Valley Forum and the All‑In podcast, which is co-hosted by Sacks.
Key pillars of the White House's AI plan
The plan aims to accelerate AI Innovation by cutting regulations, pushing for private-sector adoption of AI technologies and relying on the private sector to recommend regulatory barriers to cut.
Building and expanding AI infrastructure in America is also among the priorities of the proposal. This means fast-tracking permits for the creation of data centers, removing diversity, equity and inclusion (DEI) and climate requirements, as well as investing in AI-related workforce training.
MORE: From story time to stress relief: How AI is reshaping modern parenting
Additionally, the plan recommends, in the name of protecting "free speech" and "American values," to remove references to misinformation, DEI and climate change from federal AI safety guidelines.
The plan, however, does not address the use of copyrighted data for AI training, which has emerged as a key issue for AI and the basis for lawsuits. When asked about this, a senior official told ABC News the issue is currently before the courts and beyond the scope of executive action, stating: "Fair use is the law of the land."
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Nova Minerals Advises Permitting for the West Susitna Access Road to the Estelle Project Site has been Submitted
Anchorage Alaska, July 28, 2025 (GLOBE NEWSWIRE) -- Nova Minerals Limited ('Nova' or the 'Company') (NASDAQ: NVA) (ASX: NVA) (FRA: QM3) ) is pleased to announced that the Alaska Industrial Development and Export Authority (AIDEA) has submitted its application to the U.S. Army Corps of Engineers for the permitting of the West Susitna Access Road. The permitting process for the all-weather public and industrial road will occur in 2025-2026 and further strengthens Nova's momentum as it advances the Estelle Project. The proposed 78.5-mile long road will begin approximately 1.4 miles west of Alexander Creek and extend to the Whiskey Bravo airstrip and mineral exploration camp (Figure 1). Following the Skwentna River's northern edge before crossing to its southern side, the route is designed to allow year-round public access to lands that are currently difficult to reach except by air or water. As a company deeply committed to advancing responsible exploration and unlocking Alaska's critical mineral potential, Nova Minerals sees this project as essential infrastructure for future development in the region. With this road in place, not only will essential logistics and access be significantly improved, but new opportunities are expected to also arise for Alaskan families, local businesses, and resource developers alike. Highlights The Alaska Industrial Development and Export Authority (AIDEA) has submitted its application to the U.S. Army Corps of Engineers for the permitting of the West Susitna Access Road, which will occur in 2025/2026. The West Susitna Access Road is a critical infrastructure project, consisting of a 78.5-mile all-weather road for both public and industrial use (Figure 1). It is intended to support the Estelle Project and the surrounding region and is expected to lower barriers to resource development, substantially reduce the cost of mining in the West Susitna region, and enhance local access and economic opportunities. The road will connect to a separate road project being led by the Alaska Department of Transportation & Public Facilities (ADOT&PF) that will extend 22-miles of new public and industry road surface west from the existing road system and will include a large bridge across the Susitna River. The ADOT&PF project is scheduled to begin construction in late 2025 and to be fully constructed by 2026/2027. Pursuant to Executive Order 14153, the Governor of Alaska has requested that the Assistant Secretary of the Army for Civil Works render 'all assistance' required to obtain the necessary approvals for the project. Pursuant to Executive Order 14241, the Governor has also requested that the project be deemed a 'priority project' and placed on an expediated permitting schedule, as well as emergency approval pursuant to section 2 of Executive Order 14156, as the project is important to Alaska, the Nation, and the future of the Nation's energy dominance and national security. Nova CEO, Mr Christopher Gerteisen commented: 'The West Susitna Access Road represents a critical step forward for the Mat-Su region, Alaska, and beyond. This transformative infrastructure project is expected to not only unlock significant economic opportunities by facilitating resource development, but also enhance local access and create jobs in the process. We are proud to support AIDEA and the state's ongoing efforts to build a stronger, more sustainable future through infrastructure development. The state's commitment to expanding access to Alaska's vast public lands aligns well with our shared vision for long-term economic growth and national security. We are excited to see the potential positive impact this project could have on both the local community and the state's broader economic landscape.' West Susitna Road Welcomed by Government Officials and Local Stakeholders Gov. Mike Dunleavy welcomed the advancement of the project, calling it a strategic move to boost economic development in the region: 'AIDEA's West Susitna Road holds significant value for Alaskans, especially local residents seeking better access to hunting, fishing, recreation, and potential opportunities in mining, processing, and manufacturing.' Funding for the road is expected to follow a public-private partnership model similar to AIDEA's Delong Mountain Transportation System, which supports the Red Dog Mine. That approach has previously yielded long-term economic gains through infrastructure that serves both public and private needs. Support for the project spans political and community lines. Matanuska-Susitna Borough Mayor Edna DeVries called the road 'a strategic investment in our region's future,' emphasizing its potential to provide long-overdue access for families and businesses. 'Reliable road access means a stronger local economy and more opportunities for recreation and responsible development,' DeVries said. State lawmakers have also backed the project as a critical step in unlocking Alaska's resource potential. 'The West Susitna Access is an exciting opportunity not only to potentially unlock some of Alaska's extraordinary resource potential, but to provide all Alaskans new access to the recreation and outdoor opportunities found in the West Su,' said Rep. Kevin McCabe. Sen. Mike Shower highlighted the national security and economic benefits of increased access to minerals like copper, gold, and antimony. 'Responsible resource development is critical for Alaska, the United States and our allies,' he said, noting the road's potential role in supporting jobs and technology supply chains. Public land access advocates have also weighed in. Rod Arno, public policy director for the Alaska Outdoor Council, said the group 'remains in strong support of the state creating more overland access to public lands/waters for all Alaskans.' He added that resource roads have historically become gateways to outdoor recreation and that the council will monitor the project's progress to ensure renewable resource protections remain strong. Local business owners echoed that enthusiasm. Cindi Hermans, president of Friends of West Susitna and owner of the Skwentna Roadhouse, called the permit application a long-awaited milestone: 'It has been a long time coming, and we are eager to see the positive impact it will have on our community and surrounding areas.' Nova Minerals stands firmly behind the West Susitna Access Project and looks forward to working alongside stakeholders to realize the shared benefits this infrastructure will bring to all Alaskans. The permit application marks a key regulatory step in the project's development and begins a review process that includes federal agency input and opportunities for public comment. The project reflects Alaska's constitutional mandate to develop state lands for maximum public benefit, balancing access, economic development, and conservation. To see the full press release from AIDEA on the permit application please click the link belowhttps:// Watch the AIDEA West Susitna Access video here: 1. Proposed route for the West Susitna Access Road. Source AIDEA. Qualified Persons Vannu Khounphakdee, Professional Geologist and member of Australian Institute of Geoscientists contracted by Nova Minerals to provide geologic consulting services. Mr. Khounphakdee holds a Master of Science in Mine Geology and Engineering. He is a qualified person with at least 5 years' experience with this type of project. By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Khounphakdee fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for data QA/QC checks relevant to this announcement. Hans Hoffman is a State of Alaska Certified Professional Geologist contracted by Nova Minerals to provide geologic consulting services. Mr. Hoffman is a member of the American Institute of Professional Geologists and holds a Bachelor of Science degree in Geological Engineering with a double major in Geology and Geophysics. He is a qualified person with at least 5 years of experience with these types of projects. By reason of education, affiliation with a professional association, and past relevant work experience, Mr. Hoffman fulfills the requirements of Qualified Person (QP) for the purposes of SEC Regulation SK-1300 for the technical information presented in this announcement. Christopher Gerteisen, Chief Executive Officer of Nova Minerals, is a Professional Geologist and member of Australian Institute of Geoscientists, and has supervised the preparation of this news release and has reviewed and approved the scientific and technical information contained herein. Mr. Gerteisen is a "qualified person" for the purposes of SEC Regulation S-K 1300. About Nova Minerals Limited Nova Minerals Limited is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project, comprised of 514 km2 of State of Alaska mining claims, which contains multiple mining complexes across a 35 km long mineralized corridor of over 20 advanced Gold and Antimony prospects, including two already defined multi-million ounce resources, and several drill ready Antimony prospects with massive outcropping stibnite vein systems observed at surface. The 85% owned project is located 150 km northwest of Anchorage, Alaska, USA, in the prolific Tintina Gold Belt, a province which hosts a >220 million ounce (Moz) documented gold endowment and some of the world's largest gold mines and discoveries including, Nova Gold and Paulson Advisors Donlin Creek Gold Project and Kinross Gold Corporation's Fort Knox Gold Mine. The belt also hosts significant Antimony deposits and was a historical North American Antimony producer. Further discussion and analysis of the Estelle Project is available through the interactive Vrify 3D animations, presentations, and videos, all available on the Company's website. Forward Looking Statements This press release contains 'forward-looking statements' that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as 'anticipate,' 'believe,' 'contemplate,' 'could,' 'estimate,' 'expect,' 'intend,' 'seek,' 'may,' 'might,' 'plan,' 'potential,' 'predict,' 'project,' 'target,' 'aim,' 'should,' "will' 'would,' or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Nova Minerals Limited's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, Gold and other metal prices, the estimation of initial and sustaining capital requirements, the estimation of labor costs, the estimation of mineral reserves and resources, assumptions with respect to currency fluctuations, the timing and amount of future exploration and development expenditures, receipt of required regulatory approvals, the availability of necessary financing for the Project, the availability of funding sources, the availability of collaborative relationships, permitting and such other assumptions and factors as set out herein. Apparent inconsistencies in the figures shown in the MRE are due to rounding. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: risks related to changes in Gold prices; sources and cost of power and water for the Project; the estimation of initial capital requirements; the lack of historical operations; the estimation of labor costs; general global markets and economic conditions; risks associated with exploration of mineral deposits; the estimation of initial targeted mineral resource tonnage and grade for the Project; risks associated with uninsurable risks arising during the course of exploration; risks associated with currency fluctuations; environmental risks; competition faced in securing experienced personnel; access to adequate infrastructure to support exploration activities; risks associated with changes in the mining regulatory regime governing the Company and the Project; completion of the environmental assessment process; risks related to regulatory and permitting delays; risks related to potential conflicts of interest; the reliance on key personnel; financing, capitalization and liquidity risks including the risk that the financing necessary to fund continued exploration and development. These and other risks and uncertainties are described more fully in the section titled 'Risk Factors' in the Nova Minerals Limited's Registration Statement on Form F-1 filed with the Securities and Exchange Commission on July 3, 2025. Forward-looking statements contained in this announcement are made as of this date, and Nova Minerals Limited undertakes no duty to update such information except as required under applicable law. For Additional Information Please Contact Craig BentleyDirector of Finance & Compliance & Investor RelationsE: craig@ +61 414 714 196Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Do Mission Produce's (NASDAQ:AVO) Earnings Warrant Your Attention?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. Sometimes these stories can cloud the minds of investors, leading them to invest with their emotions rather than on the merit of good company fundamentals. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away. Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like Mission Produce (NASDAQ:AVO). Now this is not to say that the company presents the best investment opportunity around, but profitability is a key component to success in business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Mission Produce's Earnings Per Share Are Growing The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. Therefore, there are plenty of investors who like to buy shares in companies that are growing EPS. Mission Produce managed to grow EPS by 15% per year, over three years. That growth rate is fairly good, assuming the company can keep it up. One way to double-check a company's growth is to look at how its revenue, and earnings before interest and tax (EBIT) margins are changing. EBIT margins for Mission Produce remained fairly unchanged over the last year, however the company should be pleased to report its revenue growth for the period of 29% to US$1.4b. That's a real positive. The chart below shows how the company's bottom and top lines have progressed over time. Click on the chart to see the exact numbers. See our latest analysis for Mission Produce You don't drive with your eyes on the rear-view mirror, so you might be more interested in this free report showing analyst forecasts for Mission Produce's future profits. Are Mission Produce Insiders Aligned With All Shareholders? It's pleasing to see company leaders with putting their money on the line, so to speak, because it increases alignment of incentives between the people running the business, and its true owners. Shareholders will be pleased by the fact that insiders own Mission Produce shares worth a considerable sum. Indeed, they have a considerable amount of wealth invested in it, currently valued at US$280m. That equates to 33% of the company, making insiders powerful and aligned with other shareholders. Very encouraging. Should You Add Mission Produce To Your Watchlist? As previously touched on, Mission Produce is a growing business, which is encouraging. For those who are looking for a little more than this, the high level of insider ownership enhances our enthusiasm for this growth. The combination definitely favoured by investors so consider keeping the company on a watchlist. While we've looked at the quality of the earnings, we haven't yet done any work to value the stock. So if you like to buy cheap, you may want to check if Mission Produce is trading on a high P/E or a low P/E, relative to its industry. While opting for stocks without growing earnings and absent insider buying can yield results, for investors valuing these key metrics, here is a carefully selected list of companies in the US with promising growth potential and insider confidence. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Customizable, Street-Legal LSVs Gain Popularity, Investment in Sustainable, Low-Emission Mobility Drives Growth
Explore the booming U.S. electric golf cart market, projected to grow from USD 529.4M in 2024 to USD 886.7M by 2033 at a 6.2% CAGR. Key drivers include rising demand in gated communities, resorts, and government fleets. Discover opportunities, regulatory challenges, and innovations in LSVs and battery tech. U.S. Electric Golf Cart Market Dublin, July 28, 2025 (GLOBE NEWSWIRE) -- The "U.S. Electric Golf Cart Market Size, Share & Trends Analysis Report By Propulsion (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle), By Seating Capacity, By Application (Golf Course, Personal Use, Commercial Use), And Segment Forecasts, 2025 - 2033" report has been added to offering.U.S. Electric Golf Cart Market SummaryThe U.S. electric golf cart market size was estimated at USD 529.4 million in 2024, and is projected to reach USD 886.7 million by 2033, growing at a CAGR of 6.2% from 2025 to 2033. The U.S. market is witnessing strong growth, driven by rising adoption in gated communities, private golf clubs, retirement villages, and resort towns where quiet, low-emission mobility is highly valued. Advancements in lithium-ion battery systems are improving driving range, safety, and charging efficiency, making electric carts more attractive for both personal and commercial use. In addition, increased focus on replacing internal combustion vehicles in local government fleets and park services is reinforcing the shift toward electric models. Innovations in street-legal low-speed vehicle (LSV) design, along with growing demand for sustainable micro-mobility in planned communities, present significant opportunities for electric golf carts in neighborhood commuting and utility transport. However, regulatory inconsistencies across states regarding road legality and operational zones pose a challenge to uniform rising adoption of electric golf carts in the U.S. across resorts, gated communities, and retirement villages is driven by the growing demand for quiet, eco-friendly, and user-friendly mobility solutions tailored to short-range travel. These environments increasingly emphasize sustainability, low operational noise, and ease of use, aligning with the advantages offered by electric carts over conventional gasoline-powered alternatives. The trend is also fueled by expanding investments in planned residential developments, leisure facilities, and active adult communities seeking to enhance intra-community mobility. For instance, in March 2025, Golf Carts and More partnered with ICON Electric Vehicles to distribute high-performance, street-legal electric golf carts across San Diego County. The collaboration includes a diverse portfolio of customizable electric carts for recreational, commercial, and luxury applications, along with full-service maintenance and shift toward high-capacity, fast-charging, and thermally stable battery systems is driving significant improvements in the operational efficiency of electric golf carts across the U.S. These advancements are enabling longer operational hours, reduced downtime, and improved user convenience. Battery innovations, particularly in lithium-ion and LiFePO? technologies, are enhancing energy density, safety, and charging speeds, making electric golf carts more suitable for demanding applications such as fleet use, commercial transport, and extended recreational demand for customizable, street-legal Low-Speed Vehicles (LSVs) that can be used for local commuting and neighborhood mobility is opening new growth avenues in the U.S. market. Consumers are increasingly seeking versatile vehicles that combine functionality, personalization, and compliance with local transportation laws. This shift is particularly visible in suburban and semi-urban communities where short-range travel is common and regulatory frameworks permit LSVs on public roads. The trend supports market expansion beyond traditional golf courses into residential, recreational, and utility-based applications, encouraging manufacturers to offer feature-rich, DOT-compliant models with enhanced safety, infotainment, and aesthetic state-level regulations and operational restrictions limit where electric golf carts and Low-Speed Vehicles (LSVs) can legally operate, slowing broader adoption in public areas. While states like Florida and California permit LSVs on roads with speed limits up to 35 mph, others impose tighter rules on road usage, registration, and required safety features. For example, according to a study by the Connecticut General Assembly, states such as Pennsylvania and New York have more restrictive LSV laws, creating compliance hurdles for manufacturers and limiting consumer access. This regulatory fragmentation complicates national expansion and necessitates region-specific product strategies. Why should you buy this report? Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments. Competitive Landscape: Explore the market presence of key players worldwide. Future Trends: Discover the pivotal trends and drivers shaping the future of the global market. Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions. Key Attributes: Report Attribute Details No. of Pages 100 Forecast Period 2024 - 2033 Estimated Market Value (USD) in 2024 $529.4 Million Forecasted Market Value (USD) by 2033 $886.7 Million Compound Annual Growth Rate 6.2% Regions Covered United States Companies Featured Club Car Yamaha Motor Co., Ltd. Textron Specialized Vehicles Inc. Evolution Electric Vehicles ICON Electric Vehicles American Custom Golf Cars Inc. (ACG) Cruise Car, Inc. Kandi Technologies Group, Inc. (Kandi America) Polaris Inc. Bintelli Electric Vehicles U.S. Electric Golf Cart Market Report SegmentationPropulsion Outlook (Revenue, USD Million, 2021 - 2033) Battery Electric Vehicle (BEV) Plug-in Hybrid Electric Vehicle (PHEV) Seating Capacity Outlook (Revenue, USD Million, 2021 - 2033) 1 to 4 Seater 5 Seater and Above Application Outlook (Revenue, USD Million, 2021 - 2033) Golf Course Personal Use Commercial Use For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment U.S. Electric Golf Cart Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
