• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

From Cook to Zuckerberg: Trump hosts tech titans at White House dinner; Musk no show

by September 5, 2025
by September 5, 2025

In a rare and powerful display of his deepening relationship with Silicon Valley, President Donald Trump hosted the titans of the technology industry for a lavish White House dinner, where he basked in their multi-billion dollar investment pledges and, in turn, promised to clear the path for their domination of the artificial intelligence revolution.

The evening was a carefully orchestrated spectacle, a summit of the world’s most powerful and influential figures, all vying for an edge in the new frontier of AI.

From Meta’s Mark Zuckerberg and Apple’s Tim Cook to OpenAI’s Sam Altman and Microsoft’s Satya Nadella, the guest list was a who’s who of the digital age, a clear sign of the industry’s growing influence in the corridors of power.

A pledge of power, a promise of permits

In his opening remarks, the president immediately addressed the tech industry’s most pressing concern: the insatiable and ever-growing demand for energy to power the data centers that are the heart of the AI boom.

“We’re making it very easy for you in terms of electric capacity and getting it for you, getting your permits,” Trump declared in the White House State Dining Room, before adding a characteristic boast: “We’re leading China by a lot, by a really, by a great amount.”

This promise was met with a chorus of gratitude and a flurry of staggering investment figures.

The president went around the table, asking each executive to detail their plans. Mark Zuckerberg, asked to speak first, set the tone.

“All of the companies here are building, just making huge investments in the country in order to build out data centers and infrastructure to power the next wave of innovation,” the Meta CEO said.

Pressed by the president for a number, Zuckerberg delivered a bombshell: “at least $600 billion” through 2028. “That’s a lot,” Trump replied, a master of understatement.

A calculated courtship, a new alliance

This public display of mutual admiration is the culmination of a calculated courtship.

Trump has actively drawn tech executives into his orbit with a clear and simple agenda: lowering their tax and regulatory burdens in exchange for a massive ramp-up in domestic investment, all with the goal of securing America’s dominance in the technologies of the future.

The burgeoning field of AI has been the centerpiece of this strategy.

The president’s own AI czar, the venture capitalist David Sacks, recently unveiled a sweeping action plan to ensure the US keeps its edge over rivals like China.

The strategy is paying dividends. Tim Cook, whose company recently committed to an additional $100 billion in domestic spending, personally thanked Trump for “setting the tone such that we could make a major investment.”

In return, the president hinted that Apple would be spared from his planned tariffs on semiconductor imports. “Tim Cook would be in pretty good shape,” Trump said.

This new alliance, which was first forged with prominent seats for tech leaders at the president’s inauguration, is now in full bloom.

As the midterm elections approach, Trump and his allies will be eager to tap the deep pockets of their new partners in Silicon Valley, a relationship that has, for now, been built on a foundation of shared ambition and mutual benefit.

The post From Cook to Zuckerberg: Trump hosts tech titans at White House dinner; Musk no show appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
OpenAI to launch first custom AI chip in 2025 with $10bn Broadcom partnership
next post
$550B mystery: Trump signs order for 15% Japan tariff as auto stocks soar

Related Posts

Europe bulletin: Zelensky calls for more weapons, Russia...

October 25, 2025

Nvidia stock edges higher amid semiconductor sector rally...

October 25, 2025

AMD stock climbs 7%, breaching $400B market cap...

October 25, 2025

US digest: Jeffries endorses Mamdani, Ford’s stock surge,...

October 25, 2025

Trump seeks Asia mineral deals to ramp up...

October 25, 2025

Lucy Powell elected deputy leader of the UK’s...

October 25, 2025

Disney warns YouTube TV subscribers of potential blackout...

October 24, 2025

Top catalysts for the CAC 40 index next...

October 24, 2025

European stocks open higher, buoyed by a wave...

October 24, 2025

NatWest share price forecast as its earnings jump:...

October 24, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Europe bulletin: Zelensky calls for more weapons, Russia warns against EU sanctions

    October 25, 2025
  • Nvidia stock edges higher amid semiconductor sector rally and AI boom

    October 25, 2025
  • AMD stock climbs 7%, breaching $400B market cap amid chip sector rally

    October 25, 2025
  • US digest: Jeffries endorses Mamdani, Ford’s stock surge, US sanctions Colombian president

    October 25, 2025
  • Trump seeks Asia mineral deals to ramp up pressure on China’s Xi: report

    October 25, 2025
  • Lucy Powell elected deputy leader of the UK’s Labour Party

    October 25, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 5

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 6

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 7

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025

Categories

  • Economy (3,000)
  • Editor's Pick (295)
  • Investing (185)
  • Stock (2,048)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

European markets open higher: FTSE up 0.2%,...

August 11, 2025

Apple’s market cap loss nears $640B as...

April 8, 2025

Top gainers & losers today: Nifty, Sensex...

April 11, 2025