Good morning. Fortune editor-in-chief Alyson Shontell recently sat down with President Donald Trump for a conversation in the Oval Office. Did tech topics come up? You betcha.
On Meta CEO Mark Zuckerberg: “A very good friend.”
On the Supreme Court ruling some of his tariffs unconstitutional: “It really pisses me off.”
On Intel CEO Lip-Bu Tan: “I said, ‘Give the country 10% ownership for free in Intel.’ He said, ‘You have a deal.’ I said, ‘Shit, I should have asked for more.’”
On American AI companies and the arms race with China: “They need two times more electricity than we have right now. We are beating China by a lot [in AI] because I allowed these plants to be built. These companies build their own electric units now, they don’t use the grid at all. Otherwise, we wouldn’t be able to compete … It’s important that we win.”
