On September 4, Business Insider revealed that Meta's CEO, Mark Zuckerberg, engaged in a conversation with U.S. President Trump the previous month, during which he expressed his reservations about the proposal to set up a national artificial intelligence regulatory body. Sources close to the situation disclosed that Trump took the proactive step of reaching out to Zuckerberg during the week of August 17. During their discussion, they delved into the White House's contemplation of a 'FINRA-inspired' AI regulatory framework. This proposal, put forth by Google DeepMind's CEO, Demis Hassabis, envisions the creation of an autonomous agency akin to the Financial Industry Regulatory Authority (FINRA) in the United States. Its primary function would be to conduct thorough reviews and risk assessments of sophisticated AI models.

Zuckerberg holds the view that any such agency should embody the Trump administration's relatively laissez-faire approach to AI regulation. However, he refrained from trying to sway Trump's opinion. The White House clarified that the Trump administration is striving to strike a delicate balance between fostering AI innovation and guaranteeing its safe deployment. As of now, the proposal remains under scrutiny, with the White House also exploring an alternative model of industry-led self-regulation. Earlier, Zuckerberg had cautioned that excessively stringent regulations could impede the rollout of AI models and undermine the United States' competitive edge in the AI arena.