The White House, under President Donald Trump's administration, has unveiled "Winning the Race: America’s AI Action Plan," a comprehensive strategy aimed at advancing the United States' leadership in artificial intelligence. The plan includes executive orders to accelerate AI infrastructure deployment, fast-track permits for data centers, promote U.S. AI exports, and eliminate regulatory barriers. It mandates the use of ideologically neutral AI models in government contracts and bans biased systems. The strategy emphasizes governance, risk management, and federal support for open-weight AI models, positioning AI development as a national security imperative to protect economic and national interests. Concurrently, the European Union has confirmed its General-Purpose AI Code of Practice under the AI Act, encouraging providers to adhere to voluntary guidelines that reduce regulatory burdens and increase legal certainty. Major companies like Google and xAI have committed to signing the EU's AI Code of Practice, balancing support for safe AI deployment with concerns over potential regulatory slowdowns. The EU's AI Act aims to ensure AI respects rights, remains safe, and fosters innovation, empowering startups and researchers in the global AI landscape. Meanwhile, the White House's AI Action Plan notably omits recommendations on AI copyright, reflecting ongoing legal complexities. Additionally, the U.S. House Financial Services Committee has introduced new legislation to regulate AI within financial services, indicating growing attention to sector-specific AI governance. Overall, the U.S. strategy marks a shift toward proactive leadership in global AI policy through deregulation, infrastructure investment, and international diplomacy.