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During the summit held in Pittsburgh, Pennsylvania on July 15, companies promised new data centers, new jobs, cybersecurity education, energy research, and more.
Scale AI, a private U.S. artificial intelligence company, laid off 14% of staff after tech giant Meta took a $14.3 billion stake and hired its CEO last month.
At a Pittsburgh summit, the Trump administration, energy executives, and tech barons joined as one to promote AI as the future of fossil fuels.
CNBC's Deirdre Bosa reports on the artificial intelligence arms race between major tech companies, including Meta, Alphabet, Nvidia and Microsoft.
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'Tool For Bribery': Sens. Blumenthal, Warren Want Rules For Trump’s Presidential Library FundTwo high-ranking Senate Democrats have introduced legislation to tighten the rules for how sitting presidents raise and use donations for their presidential libraries, citing practices linked to President Donald Trump.
Paramount, Meta and X are among the companies giving tens of millions of dollars to Trump’s future library as they seek perks from his administration.
O f all the titans of social media, Google CEO Sundar Pichai tried to keep the groveling to a minimum after Donald Trump won last year. He did not, like Meta CEO Mark Zuckerberg,
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Meta targets spam, removes 10 million Facebook impersonator profilesMeta is removing spam accounts, limiting duplicate content and investing billions into AI moderation infrastructure.
Trump joined executives from some of the largest U.S. tech and energy companies in Pittsburgh as the administration prepares to power the expansion of AI.
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