Meta's Zuckerberg, SpaceX's Musk, and NVIDIA's Huang each separately persuaded President Trump to abandon a proposed federal AI oversight body that could have regulated AI model deployment. They argued the oversight would favor dominant players like OpenAI and Google, limiting competition. All three CEOs highlighted their massive investments in AI infrastructure, with Meta, SpaceX, and NVIDIA reporting strong revenue growth tied to AI. The move signals continued rapid AI development with less federal regulation, while industry watchers await White House advisor David Sacks' influence on future AI policy.
The coordinated call by Zuckerberg, Musk, and Huang to oppose AI regulation highlights the ongoing influence of tech giants in shaping policy. On Pluang as of Sep 17, 2026 23:15 WIB, Meta trades at USD 678.40, up 0.76% for the day, while SpaceX is stronger at USD 154.49 with a 2.39% gain. Nvidia also sees a solid rise, priced at USD 218.77 and up 2.28%, reflecting investor interest in AI-driven companies amid evolving regulatory debates.
Meta reported strong earnings but saw a $135 billion market cap drop over concerns about AI investment costs, a $25 billion lawsuit, and tax issues. Despite these setbacks, Meta's AI assistant Muse could generate billions in revenue, leveraging its 3...
Meta Platforms delivered strong third-quarter results with over 26% year-on-year revenue growth and solid earnings. The company launched Muse AI, signaling a strategic shift toward agentic AI and workflow optimization, which may help diversify its bu...
AMD's stock has experienced sharp declines recently despite a 50% revenue increase and large AI accelerator commitments from major clients like OpenAI and Meta. The company’s Data Center segment, now 58% of revenue, grew 107% in Q2, with expectations...
Wall Street is pressuring AI companies Anthropic and OpenAI to proceed with their IPOs soon due to fears of a left-wing Democratic takeover of Congress after the November elections. Investors worry that Democratic Socialists could trigger prolonged h...
Meta has introduced a new class of non-voting stock, Class C, allowing shareholders ownership without voting rights. This move helps CEO Mark Zuckerberg maintain control while raising capital and paying for acquisitions, including AI investments. Imp...
