The White House is holding its first AI meeting with CEOs from Google ($GOOGL@US), Microsoft ($MSFT@US), Anthropic, and OpenAI, as the Biden administration unveils a plan to promote responsible AI development. The meeting comes as policymakers in Washington are grappling with the threats and risks posed by AI, which could affect democratic institutions, Americans' jobs, and civil rights. The Biden administration has announced a new investment of $140 million in trustworthy AI research and development to increase the number of national AI research institutes. The administration is also working with its European counterparts to develop regulations for generative AI, including ChatGPT.