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Trump administration scraps meeting of panel that includes Meta's Zuckerberg, Nvidia's Huang

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Trump administration scraps meeting of panel that includes Meta's Zuckerberg, Nvidia's Huang
Photo / Coverage: The Hindu - Default Feeder
EXECUTIVE SUMMARY

Technology shares sold ‌off ⁠dramatically on November 5 ⁠on growing concerns that a new Congress will slow AI development, and ​also on fears ‌that the massive capital expense of building out AI will not yield sufficient ‌returns

Key Takeaways

  • Trump administration scraps meeting of panel that includes Meta's Zuckerberg, Nvidia's Huang.

Technology shares sold ‌off ⁠dramatically on November 5 ⁠on growing concerns that a new Congress will slow AI development, and ​also on fears ‌that the massive capital expense of building out AI will not yield sufficient ‌returns

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Published originally on The Hindu - Default Feeder

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