US President Donald Trump has announced the signing of a “morally binding” artificial intelligence (AI) accord with leading technology executives following a White House luncheon.

The agreement was discussed during a high-level meeting attended by prominent figures in the technology industry, including Anthropic CEO Dario Amodei, Nvidia CEO Jensen Huang and Tesla CEO Elon Musk.

Trump said the administration is also considering the creation of a 10-member committee to oversee the rapidly expanding AI industry as concerns continue to grow over the safety and regulation of artificial intelligence.

White House AI agreement described as voluntary

House Speaker Mike Johnson described the AI agreement as a voluntary statement of principles for the technology industry.

The characterization suggests that the accord is intended to establish broad guidelines for AI companies rather than impose legally enforceable requirements.

Trump referred to the document as “morally binding” after the White House meeting, highlighting the administration’s interest in encouraging technology companies to follow common principles as AI development accelerates.

Tech leaders attend White House AI meeting

The White House luncheon brought together several influential figures from the global technology sector.

Among those in attendance were Dario Amodei of Anthropic, Jensen Huang of Nvidia and Elon Musk of Tesla, highlighting the administration’s engagement with major companies developing and deploying artificial intelligence technologies.

The meeting comes at a time when AI has become a major focus of discussions surrounding technological innovation, economic growth, national security and regulation.

Calls grow for greater AI safety measures

The White House meeting took place amid increasing calls for caution over the pace at which artificial intelligence is being developed.

Some technology experts and other stakeholders have raised concerns about potential risks associated with increasingly powerful AI systems, including questions surrounding safety, accountability and oversight.

The Trump administration’s consideration of a 10-person committee could therefore become part of broader efforts to establish a framework for overseeing the rapidly evolving AI sector.

However, the proposed committee and the voluntary nature of the accord indicate that the administration is still considering how best to approach AI regulation and industry oversight.