Trump administration delays meeting of high-profile tech panel

The Trump administration has pushed back a meeting of a high-profile technology advisory panel that includes significant figures like Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg, according to a spokesperson from the Energy Department. The postponement has stirred market uncertainty, with technology shares experiencing a sharp decline on Thursday, driven by apprehensions about a Democratic-controlled Congress potentially dampening artificial intelligence progress and worries that the substantial investment in AI might not generate substantial returns.

This market volatility has intensified the focus on the sector among Silicon Valley executives and Washington policymakers. The scheduled meeting, which was to convene the President’s Council of Advisors on Science and Technology, an advisory panel advising President Donald Trump, is now set for November 13, as per the Energy Department's meeting website.

The panel's co-chairs are venture capitalist David Sacks and White House tech adviser Michael Kratsios. The original announcement had indicated that the panel would advise Trump's newly formed AI task force, known as the Super Intelligence Task Force, comprising cabinet officials, Trump appointees, and White House staff. The term "Super intelligence" is President Trump's preferred designation for AI.

However, the White House has not yet provided a response to inquiries regarding the reasons behind the postponement of the science and technology meeting.