NVIDIA's CEO, Jensen Huang, (finally) meets the king of the US
Financial Times (paywall):
Nvidia chief executive Jensen Huang met US President Donald Trump for the first time at the White House on Friday, as Washington and Silicon Valley weigh their responses to Chinese start-up DeepSeek’s AI breakthrough.
The meeting between Trump and Huang was to include discussion of AI policy, according to a person familiar with the discussion. On his first day in office, Trump revoked a Biden administration executive order focused on AI safety and has generally been seen by tech executives as accelerating America’s advances in the fast-moving technology.
Two people familiar with the meeting said it had been planned before DeepSeek stunned Silicon Valley with AI advances apparently achieved using far less computing power than US tech groups. The news wiped almost $600bn from the value of Nvidia, one of the biggest winners from spending on AI chips, on Monday.
They discussed about the AI investments, markets, US supremacy in AI, bla bla bla.
NO MONEY CHANGED POCKETS!
