Tech bosses lauded Trump and promised massive US buildouts.
Policy access beats public distance for most Big Tech leaders despite US political divide.
Musk said he was invited, did not attend, and looked irked.
Trump received more than a healthy dose of praise.
At a worshipful State Dining Room, Big Tech courted policy access,
celebrated a lighter regulatory touch, and flashed trillion-dollar ambitions.
Elon Musk stayed away and stayed salty.
A New Courtship Ritual at Dinner
Thursday night’s White House dinner delivered a simple message from
Silicon Valley to Washington: we can play nice when it pays. Cameras rolled as
top tech figures, from those specializing in social media, artificial
intelligence (AI) and more, took turns thanking the president and talking up
American investment, an optics-perfect scene in which power met money and both
smiled for the record. The performance element was the point, and everyone hit
their mark.
Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft
founder Bill Gates, OpenAI founder Sam Altman, Google CEO Sundar Pichai and
Microsoft CEO Satya Nadella, were among the attendees.
WATCH LIVE: President Trump hosts top tech CEOs at White House dinner https://t.co/5DZXKjDAJH
Mark Zuckerberg sat to the president’s right and talked about “huge
investments,” while name-checking Meta’s plan to spend at least $600
billion through 2028 on U.S. data centers and infrastructure. If regulatory
vibes stay friendly, that hyperscale budget becomes a moat. It also becomes
leverage in every conversation about energy, zoning, and tax incentives that
touch those builds.
Altman’s Trump Applause Line, Gates’ Gratitude
Open AI CEO Sam Altman praised Trump's vision (Creative Commons - TechCrunch).
OpenAI’s Sam Altman thanked Trump for being a “pro-business,
pro-innovation president,” saying, "It's a very refreshing change. ... I
think it's going to set us up for a long period of leading the world, and that
wouldn't be happening without your leadership." Bill Gates offered public
appreciation too, a genteel nod that doubles as a signal to agencies and
appropriators who will shape AI’s future. The room’s mood said the quiet part
out loud: charm the policymaker, de-risk the roadmap.
Policy Small Talk with Very Large Consequences
The choreography may be ceremonial, but the agenda is not. There’s a
need to address the raw power, and legislation, needed to power the next wave
of giant data centers, as well as the bureaucratic snags that slow grid
hookups. Those nuts-and-bolts fixes are worth far more to these companies than
any single handshake photo.
Proud to be at the White House today attending the AI Education Task Force meeting led by @FLOTUS. @AMD is proud to expand our commitment to AI Education through new AI Learning Labs and open source courses that will give students, educators and researchers hands-on experience… pic.twitter.com/qbpMEQRj0n
Tech
wants a light regulatory touch on AI. That pitch landed alongside the
reality that the current FTC chair, Andrew Ferguson, is a vocal Big Tech
critic. Translation for the dinner crowd: play nice in public, push hard in
private, and hope the referees swallow the whistle.
Musk, Invited, Still Unamused
I was invited, but unfortunately could not attend. A representative of mine will be there.
One billionaire did not attend the ball. Elon Musk said on X he was
invited, could not attend, and sent no vibes beyond the familiar posture of
wounded detachment. Given his recent season as an insider, the absence is loud.
The rest of the class showed up, smiled, and banked IOUs. Musk stayed outside,
where the applause is thinner and the leverage is smaller.
The Soft Power Math
For the CEOs, this is not about likes, it is about permissions and
plumbing. Licenses, interconnects, tax treatment, export allowances, spectrum,
visas, grid hookups, even the right to pour concrete on a tight timeline.
Public praise is the cheap down payment. The return shows up in a permitting
office, an appropriations subcommittee, or a tariff footnote that quietly
shapes who scales and who stalls. Though, not everyone among Trump's base will be pleased...
Gates and Zuckerbucks Oh hell no - President Trump hosts top tech CEOs at White House dinner. pic.twitter.com/n38sfvLLhp
Washington likes a narrative about jobs and national strength. Big Tech
can supply both, at least on paper, with eye-watering capex and patriotic
ribbon cuttings. In exchange it prefers clarity over crusades. Fewer surprise
rules, faster project approvals, friendlier interpretations from people who
answer the phone. Call it regulatory mood music. Get the key in the right,
predictable, business-friendly key and the orchestra will play louder.
The real action is always off camera. The dessert course becomes a
sidebar on energy capacity needs, chip supply chains, or the wording of an AI
safety memo. A single adjective in a federal guideline can move billions. That
is why everyone shows up polished and patient. Charm first, specifics later,
outcomes months from now. If the trade is flattery for facilitation, Silicon
Valley is already doing the math and the answer keeps coming back the same:
access compounds.
For more stories at the intersection of fintech, AI and more, follow
our Trending section.
At a worshipful State Dining Room, Big Tech courted policy access,
celebrated a lighter regulatory touch, and flashed trillion-dollar ambitions.
Elon Musk stayed away and stayed salty.
A New Courtship Ritual at Dinner
Thursday night’s White House dinner delivered a simple message from
Silicon Valley to Washington: we can play nice when it pays. Cameras rolled as
top tech figures, from those specializing in social media, artificial
intelligence (AI) and more, took turns thanking the president and talking up
American investment, an optics-perfect scene in which power met money and both
smiled for the record. The performance element was the point, and everyone hit
their mark.
Meta founder Mark Zuckerberg, Apple CEO Tim Cook, Microsoft
founder Bill Gates, OpenAI founder Sam Altman, Google CEO Sundar Pichai and
Microsoft CEO Satya Nadella, were among the attendees.
WATCH LIVE: President Trump hosts top tech CEOs at White House dinner https://t.co/5DZXKjDAJH
Mark Zuckerberg sat to the president’s right and talked about “huge
investments,” while name-checking Meta’s plan to spend at least $600
billion through 2028 on U.S. data centers and infrastructure. If regulatory
vibes stay friendly, that hyperscale budget becomes a moat. It also becomes
leverage in every conversation about energy, zoning, and tax incentives that
touch those builds.
Altman’s Trump Applause Line, Gates’ Gratitude
Open AI CEO Sam Altman praised Trump's vision (Creative Commons - TechCrunch).
OpenAI’s Sam Altman thanked Trump for being a “pro-business,
pro-innovation president,” saying, "It's a very refreshing change. ... I
think it's going to set us up for a long period of leading the world, and that
wouldn't be happening without your leadership." Bill Gates offered public
appreciation too, a genteel nod that doubles as a signal to agencies and
appropriators who will shape AI’s future. The room’s mood said the quiet part
out loud: charm the policymaker, de-risk the roadmap.
Policy Small Talk with Very Large Consequences
The choreography may be ceremonial, but the agenda is not. There’s a
need to address the raw power, and legislation, needed to power the next wave
of giant data centers, as well as the bureaucratic snags that slow grid
hookups. Those nuts-and-bolts fixes are worth far more to these companies than
any single handshake photo.
Proud to be at the White House today attending the AI Education Task Force meeting led by @FLOTUS. @AMD is proud to expand our commitment to AI Education through new AI Learning Labs and open source courses that will give students, educators and researchers hands-on experience… pic.twitter.com/qbpMEQRj0n
Tech
wants a light regulatory touch on AI. That pitch landed alongside the
reality that the current FTC chair, Andrew Ferguson, is a vocal Big Tech
critic. Translation for the dinner crowd: play nice in public, push hard in
private, and hope the referees swallow the whistle.
Musk, Invited, Still Unamused
I was invited, but unfortunately could not attend. A representative of mine will be there.
One billionaire did not attend the ball. Elon Musk said on X he was
invited, could not attend, and sent no vibes beyond the familiar posture of
wounded detachment. Given his recent season as an insider, the absence is loud.
The rest of the class showed up, smiled, and banked IOUs. Musk stayed outside,
where the applause is thinner and the leverage is smaller.
The Soft Power Math
For the CEOs, this is not about likes, it is about permissions and
plumbing. Licenses, interconnects, tax treatment, export allowances, spectrum,
visas, grid hookups, even the right to pour concrete on a tight timeline.
Public praise is the cheap down payment. The return shows up in a permitting
office, an appropriations subcommittee, or a tariff footnote that quietly
shapes who scales and who stalls. Though, not everyone among Trump's base will be pleased...
Gates and Zuckerbucks Oh hell no - President Trump hosts top tech CEOs at White House dinner. pic.twitter.com/n38sfvLLhp
Washington likes a narrative about jobs and national strength. Big Tech
can supply both, at least on paper, with eye-watering capex and patriotic
ribbon cuttings. In exchange it prefers clarity over crusades. Fewer surprise
rules, faster project approvals, friendlier interpretations from people who
answer the phone. Call it regulatory mood music. Get the key in the right,
predictable, business-friendly key and the orchestra will play louder.
The real action is always off camera. The dessert course becomes a
sidebar on energy capacity needs, chip supply chains, or the wording of an AI
safety memo. A single adjective in a federal guideline can move billions. That
is why everyone shows up polished and patient. Charm first, specifics later,
outcomes months from now. If the trade is flattery for facilitation, Silicon
Valley is already doing the math and the answer keeps coming back the same:
access compounds.
For more stories at the intersection of fintech, AI and more, follow
our Trending section.
Louis Parks has lived and worked in and around the Middle East for much of his professional career. He writes about the meeting of the tech and finance worlds.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
iForex posts its first annual results as a listed broker. Also ahead: CFI Financial secures a Brazil license, and prediction markets have a big week, with new ETF launches and fresh Polymarket loss data. It's Thursday, the thirtieth of April 2026. You're listening to the Finance Magnates Daily Brief.
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
FM Daily Brief - 29 April 2026
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
XTB and Robinhood both post first-quarter earnings. But the numbers point in very different directions. Also ahead: Capital.com pushes into three new markets and signals a move into payments.
It's Wednesday, the 29th of April 2026. You're listening to the Finance Magnates Daily Brief.
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
FM Daily Brief - 28 April 2026
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
Startrader posts three-point-one trillion dollars in first-quarter volume — up three hundred and forty percent from a year ago. Also ahead: Fintokei claims sub-second trader payouts, and eToro opens its premium subscription tier to all investors.
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
FM Daily Brief - 27 April 2026
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.
Finance Magnates spoke with IG Group's MENA CEO. Also ahead: EC Markets posts a record five-point-one-three trillion dollar first quarter. Plus Hola Prime brings in Deloitte to audit prop firm payouts.