One honourable exception to the roster of tech billionaires standing behind Donald Trump on the president’s inauguration on January twentieth was Jensen Huang, the chief govt of Nvidia. He took a quieter strategy, assembly Mr Trump on the White Home simply over ten days later. Earlier that week his agency, the dominant provider of artificial-intelligence (AI) chips, had lost $600bn in market value throughout a sell-off precipitated by the discharge of the most recent AI fashions from DeepSeek, a Chinese language agency. Mr Trump’s plans to answer the upstart model-maker might have been as a lot on Mr Huang’s thoughts as DeepSeek itself.
