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

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

By Courtney Rozen

WASHINGTON, ‌Nov 6 (Reuters) - 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.

(Reporting by Courtney ‌Rozen; Editing by Chizu Nomiyama )