The Trump administration plans to promote a multi-billion dollar artificial intelligence export financing program to consolidate the global dominance of American AI.

date
19:00 21/05/2026
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GMT Eight
The Trump administration plans to launch a new program on Thursday, using billions of dollars in export financing to attract foreign companies to purchase AI tools from the United States.
According to informed sources, the Trump administration plans to launch a new program on Thursday that will use billions of dollars in export financing to attract foreign companies to purchase American AI tools. Currently, the United States is trying to beat its competitors in expanding the global scope of technology applications. According to a one-page briefing document about the program, the Export-Import Bank of the United States (EXIM) is expected to approve the program later on Thursday to provide financing for foreign purchases of American artificial intelligence tools. The program implements an executive order signed by President Trump in July last year. According to the program, before signing financing agreements, the Department of Commerce must approve specific licenses for sensitive artificial intelligence technologies such as advanced chips made by Nvidia. The document states that the financial support from the Export-Import Bank of the United States will include insurance and loan guarantees for medium-term transactions, as well as direct loans and loan guarantees for long-term transactions. The document states: "The 'Export AI Initiative' modernizes the export financing tools of the Export-Import Bank of the United States and supports the export of reliable American artificial intelligence technology in future industries, thereby solidifying the United States' leadership in the field of artificial intelligence." It is currently unclear which countries and companies will benefit from this new program, but this move indicates that the Trump administration continues to see global export of American artificial intelligence as crucial to winning the artificial intelligence race. Last month, China's high-performance new AI model (DeepSeek) released a free open-source AI model tailored specifically for chips manufactured by Chinese company Huawei. Some AI advocates have said this move shows that China is competing for global influence in the hardware and software used to build AI systems. In the past year, DeepSeek's models have been widely used because they are competitive with American models. The board of directors of the Export-Import Bank of the United States plans to vote on the program later on Thursday morning.