As TechCrunch pointed out last week, this is an exciting time in the technology world. A primary focus will be the signing of the Tech Prosperity Deal between the US and UK. This bilateral agreement focuses on sharing tools, data, and research related to the development of advanced technologies, including nuclear energy, artificial intelligence (AI), and quantum computing. Among other findings, the report shows that American technology companies have invested heavily in the UK. They’ve promised a serious £31 billion, about $42 billion, in investments to improve AI infrastructure.
Dominic-Madori Davis, senior venture capital and startup reporter for Techcrunch, reported these momentous changes. Davis returns to home base in New York City and is looking forward to getting re-connected. You can email him securely via dom@davis.pizza or via encrypted Signal at +1 646 831-7565.
The report takes an in-depth look at President Trump’s recent efforts on AI and his strong rhetoric against the big tech companies. Just last month, President Trump signed an executive order directing the federal government to promote AI development. He ordered his attorney general to investigate private companies that receive federal dollars and have DEI programs he determines are “illegal.” This directive has understandably alarmed many in the tech community about its chilling potential effect on U.S. tech firms.
As an example, Trump has openly scolded Tim Cook of Apple over the company’s outsourced supply chain. This criticism marks the latest point of contention between his administration and the private, big tech companies. All of the above has created a fair amount of friction even in this heated moment. OpenAI, Google, and Apple have made similar commitments to work with the government. OpenAI is currently selling generative AI assistant tools to government services. At the same time, Big Tech companies are developing digital health ecosystems to bolster the United States health industry.
As Techcrunch pointed out, this followed a tech dinner that President Trump hosted. The event brought together 33 bigwigs from Silicon Valley, including Sam Altman and Mark Zuckerberg. This convening is a continuation of the administration’s Ali to HOV lane track meet to engage with key stakeholders in the tech sector as regulators incre… Continue reading.
Looking forward Techcrunch has been planning a similar event in San Francisco for which they’ve set dates of October 27-29, 2025. We expect this event to be the jumping off point for more in-depth conversations on how to harness these technological advancements through effective government partnerships.
