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IBM CEO Arvind Krishna speaks at Axios' AI+NY Summit on June 3.

IBM CEO Arvind Krishna backed the Trump administration's executive order on artificial intelligence and cybersecurity at Axios' AI+NY Summit Wednesday, preferring light government guardrails over more active intervention.

The big picture: The long-awaited order is an attempt to fortify the country's cyber defenses, but it doesn't compel AI companies to share information about their latest models.