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Ticker: Jay Clayton to lead federal AI task force; OPEC+ to keep oil production steady

AI News October 05, 2026 02:00 AM
Ticker: Jay Clayton to lead federal AI task force; OPEC+ to keep oil production steady

President Donald Trump on Sunday tapped Jay Clayton, his director of national intelligence, to lead a new government task force on artificial intelligence.

Trump is calling it the “Super Intelligence Force,” because he has tried to rebrand AI as “super intelligence.” The announcement comes after Trump hosted top executives of AI companies at the White House last week and said they had signed a voluntary accord that would effectively self-police the development of the technology.

The task force will coordinate the federal effort “to ensure that America continues to lead the World in Super Intelligence, which many say is bigger than the Industrial Revolution, and the Internet, and will protect the interests, and improve the lives, of all Americans,” Trump in a post on social media Sunday.

The task force will reach out to consumers, public interest groups, religious organizations, critical infrastructure providers and AI companies, the Republican president said.

Seven major oil-exporting countries agreed Sunday to keep production steady in November at a time when the Iran war has driven the price of benchmark Brent crude oil above $100 a barrel.

The so-called OPEC+ subgroup — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman — will meet again on Nov. 1 to review conditions in the oil market.

The Group of Seven wealthy democracies said Friday that they plan to release 100 million barrels of oil and fuel products in the coming weeks, starting with “substantial” amounts of diesel. Diesel prices recently hit record highs in the United States, squeezing farmers, truckers and consumers who depend on the fuel.