(Update with White House comment in the last paragraph.)

Progress on creating a self-regulatory organization for AI companies has stalled within the Trump administration, The Information reported Thursday, citing three people familiar with the matter.

A draft executive order on the subject has circulated in recent weeks, though it still needs buy-in from a number of senior officials, including the president, the report said.

"Any policy announcement will come directly from the president," a White House official said in an emailed statement to MT Newswires. "Discussion about potential executive orders is speculation."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)