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

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

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