Yes. People seem to be saying this is not a real video and that the white house generated it with AI. That is what I would say it means to say the video "is AI" - particularly because an AI interpolated video is still a real video.

Whether the interpolation is done with AI or not, I don't know. AI interpolation is fairly common but there are older methods that produce similar artifacts. Based on some of the interpolated frames I'm leaning slightly towards it being AI interpolation but I don't know well enough to say.