Seems Ill timed. He says "The US is the leader in AI and I intend to keep it that way", while Chinese models (deepseek) are comparable but cheaper, and FRENCH models (Mistrals le chat) are now leading in capability and are orders (like two) of magnitude cheaper with their new chips. And speaking of Chips, the American Chips (Nvidia) are already falling behind as far as IP, and are NOT produced in America, while America's actual chips (Intel) are the laughingstock of the world right now.
But But, we have Google and OpenAI!!!! Where the former bought their way into the AI space multiple times (deep mind, anthropic, character.ai) and each time they release something based on the company they bought and then progression slows and eventually faulters as Meta/Google drives away the talent and squanders the tech. And OpenAI? Well, will Musk really let them Succeed or will they be regulated and sued out of the competition. And X.ai was never worth discussing to begin with.
The US had a brief moment when Crypto miners had TONS of extra Nvidia chips and LLMs were just coming online and ChatGPT made a splash. But that moment is already in the past. We aren't the leader in any single facet of AI, let alone whole industry.