Trump Honors Tech Titans at White House AI Summit

President Trump is hosting a major tech summit at the White House on Thursday. The event focuses on artificial intelligence and economic growth.

The summit is part of Trump's "Genesis Project" AI initiative. Over $1 billion in new commitments are expected to be announced. This includes funding from the National Science Foundation and the Department of Energy.

A company called National Compute is contributing $100 million in computing credits. These resources will support AI research and development across the country.

Trump plans to hand out prestigious national awards during the event. The National Medal of Science will go to Elon Musk, Jensen Huang, Sergey Brin, and Lisa Su. These tech leaders have made major contributions to science and innovation.

Michael Dell and Satya Nadella will receive the National Medal of Technology and Innovation. This marks the first time Trump has presented these awards. Past recipients were typically academic researchers or government scientists, not well-known corporate executives.

The event signals a shift in how the administration recognizes technological achievement. Instead of honoring traditional scientists, Trump is spotlighting industry leaders who drive economic impact.

Critics may question this approach. Supporters argue it shows America's commitment to staying competitive in the global AI race. The summit aims to blend government support with private sector innovation.