How does Trump’s White House AI accord work?

Amid calls for regulation, United States President Donald Trump met with artificial intelligence executives at the White House to put in place a voluntary pact, called the White House Accord on Super Intelligence.The agreement, which was signed by executives at Meta, Nvidia, Google, OpenAI, xAI and Anthropic on Tuesday, calls on companies to put in place guardrails internally to help monitor security risks, with four layers of control.Recommended Stories list of 4 itemslist 1 of 4Trump backs AI self-regulation at tech summit but is it enough?list 2 of 4OpenAI launches ‘dots,’ personal AI assistant ‘built to handle everything’list 3 of 4Trump unveils new site to simplify access to government serviceslist 4 of 4Trump, tech bosses sign voluntary pact pledging ‘robust’ AI safeguardsend of listWhat does the White House Accord do and what doesn’t it do?The agreement calls for companies to maintain internal controls, establish an internal team to oversee these controls, work with independent outside auditors and create an independent board committee to review the results.The pact, however, is voluntary and not legally binding. It does not establish penalties for companies that fail to com...