Before President Trump returned to the White House in January of this year, tech giants did everything they could to get his support — not only by donating generously for the inauguration, but also by visiting the Sea-Lake Estate. Trump has used the support of technology companies to push the US to seize a leading position in the field of artificial intelligence and cryptocurrency, and on the other hand, help its “America First” economic agenda achieve results one after another. According to statistics, Amazon, Apple, Google, Meta, Nvidia, OpenAI, and Oracle announced that they will spend a total of 1.4 trillion US dollars on local data center construction and manufacturing projects this year. For Silicon Valley, the alliance with Trump is a “gold rush feast.” Shares of Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla have soared, freed from potential regulatory constraints and benefited from favorable industrial policies; Bitcoin, the world's most popular cryptocurrency, has reached a record high; and major technology companies have also been able to advance at full speed in the field of artificial intelligence research and development with almost no restrictions. However, this level of relationship has also created a rift within the right-wing camp, leading not only to differences in Republican lawmakers, but also to criticism from conservative think tanks and populists such as former Trump adviser Steve Bannon. They pointed out that Trump has allowed tech giants to expand their influence wantonly within the government system, implementing a series of policies that only seek to make the technology industry make a lot of money, but disregard the interests of other Americans, and have failed to establish any guarantee mechanism in the field of technology.
Before President Trump returned to the White House in January of this year, tech giants did everything they could to get his support — not only by donating generously for the inauguration, but also by visiting the Sea-Lake Estate. Trump has used the support of technology companies to push the US to seize a leading position in the field of artificial intelligence and cryptocurrency, and on the other hand, help its “America First” economic agenda achieve results one after another. According to statistics, Amazon, Apple, Google, Meta, Nvidia, OpenAI, and Oracle announced that they will spend a total of 1.4 trillion US dollars on local data center construction and manufacturing projects this year. For Silicon Valley, the alliance with Trump is a “gold rush feast.” Shares of Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla have soared, freed from potential regulatory constraints and benefited from favorable industrial policies; Bitcoin, the world's most popular cryptocurrency, has reached a record high; and major technology companies have also been able to advance at full speed in the field of artificial intelligence research and development with almost no restrictions. However, this level of relationship has also created a rift within the right-wing camp, leading not only to differences in Republican lawmakers, but also to criticism from conservative think tanks and populists such as former Trump adviser Steve Bannon. They pointed out that Trump has allowed tech giants to expand their influence wantonly within the government system, implementing a series of policies that only seek to make the technology industry make a lot of money, but disregard the interests of other Americans, and have failed to establish any guarantee mechanism in the field of technology.