The Energy Department confirmed the postponement of Friday's gathering of the President's Council of Advisers on Science and Technology. This outside advisory group guides the White House on science and technology policies and features high-profile figures such as AMD's Lisa Su and venture capitalist Marc Andreessen alongside Meta and Nvidia leaders. The abrupt delay follows a dramatic market sell-off in technology shares driven by fears surrounding artificial intelligence spending returns. The White House has not yet provided an official explanation for why the session was postponed.
Key points
The President's Council of Advisers on Science and Technology serves as an outside adviso…: The President's Council of Advisers on Science and Technology serves as an outside advisory group directing White House technology strategy.
Technology markets suffered steep sell-offs over concerns that a new Congress might imped…: Technology markets suffered steep sell-offs over concerns that a new Congress might impede future artificial intelligence development.
Investors remain increasingly alarmed that massive capital investments dedicated to artif…: Investors remain increasingly alarmed that massive capital investments dedicated to artificial intelligence might fail to yield adequate returns.
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WASHINGTON, Nov 6 : US President Donald Trump's administration postponed a Friday meeting of a White House tech panel that includes Nvidia's Jensen Huang and Meta's Mark Zuckerberg, an Energy Department spokesperson said.
Technology shares sold off dramatically on Thursday on growing concerns that a new Congress will slow AI development, and also on fears that the massive capital expense on building out AI will not yield sufficient returns. The market turmoil has heightened scrutiny of the sector among both Silicon Valley executives and Washington policymakers.
Friday's meeting was scheduled to convene the President's Council of Advisers on Science and Technology, an outside panel that advises the White House on policies involving US science and technology. The group also includes AMD's Lisa Su and Andreessen Horowitz co-founder Marc Andreessen.
The White House did not immediately respond to a request for comment about why the meeting was postponed.
Agency leadership announced the crewed platform at the UP Summit in Florida to expand the reach of American experimental aviation. The adaptable testbed aims to accelerate the transition of theoretical aerospace concepts into practical applications for both civilian and military sectors. By providing an affordable environment for high-risk systems evaluation, the program intends to fundamentally improve future aircraft efficiency and handling.
The e-commerce giant is advancing its conversational retail capabilities by allowing domestic shoppers to interact with its digital assistant via direct messaging. This AI tool lets users research items, monitor discounts, and finalize orders inside chat threads. The strategic expansion arrives as the retailer actively works to safeguard its proprietary ecosystem by legally challenging and blocking third-party artificial intelligence agents from accessing its marketplace.
European Commission regulators have accused the video-sharing platform of breaching the Digital Services Act by deploying an algorithm that traps users in harmful feedback loops. Officials determined that current safeguards fail to curb endless exposure to damaging content regarding isolation and body image. To avoid severe regulatory penalties, the company must now overhaul its recommendation systems to prioritize user well-being, especially for minors.