Andreessen Horowitz · Jensen Huang · Anthropic · Qualcomm · Cerebras · OpenAI · CNBC Technology
The Tech Download: Trump's China visit exited chip export issue unresolved, with rare earths agreement still uncertain
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
◌ Single Source
This report is from this week's The Tech Download newsletter.
Key facts
- Defense tech startup Anduril on Wednesday said it raised $5 billion, doubling its valuation to $61 billion in a funding round led by Thrive Capital and Andreessen Horowitz
- Cerebras Systems had a huge Wall Street debut, with the chip company ending its first day trading with a market cap of below $100 billion
- Nvidia 's Jensen Huang, Tesla 's Elon Musk and Apple 's Tim Cook were all onboard, as were execs from Meta, Micron, Qualcomm and Coherent
- One look at the roster of U.S. execs that cozied up to U.S. President Donald Trump on the 20+ hours flight from Alaska to China on Wednesday and you get a sense of the American delegation's key focus
Summary
One look at the roster of U.S. execs that cozied up to U.S. President Donald Trump on the 20+ hours flight from Alaska to China on Wednesday and you get a sense of the American delegation's key focus in Beijing. Nvidia 's Jensen Huang, Tesla 's Elon Musk and Apple 's Tim Cook were all onboard, as were execs from Meta, Micron, Qualcomm and Coherent. The visit got off to a strong start for the group of execs, with Chinese President Xi Jinping saying that China would open up to U.S. businesses. The U.S. business leaders had the "opportunity yesterday in a meeting with President Trump and President Xi to come in and talk a little bit about their companies," Greer said TV on Friday. But, and this is a big but for the Nvidia chief, Greer added that there was no talk of "chip exports controls at the meeting.