Jordan Novet / CNBC:
Sources: Oracle is cutting thousands of jobs in its latest layoffs as the company continues to ramp AI spending; as of May 2025, Oracle employed 162,000 people  —  Software maker Oracle has started telling employees that it's conducting a round of layoffs, two people familiar with the move told CNBC.

Nvidia CEO Jensen Huang, during an on-stage interview at The Hill & Valley Forum last week, was asked “What do you see as America’s unique advantages that other countries don’t have?”

His answer, after taking a moment to think, “America’s unique advantage that no country could possibly have is President Trump.”

Huang, newly appointed to the aforelinked President’s Council of Advisors on Science and Technology, seemingly doesn’t smell the growing stink.

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The White House:

The Council will be co-chaired by David Sacks and Michael Kratsios. The following individuals have been appointed:

Marc Andreessen
Sergey Brin
Safra Catz
Michael Dell
Jacob DeWitte
Fred Ehrsam
Larry Ellison
David Friedberg
Jensen Huang
John Martinis
Bob Mumgaard
Lisa Su
Mark Zuckerberg

Under President Trump, PCAST will focus on topics related to the opportunities and challenges that emerging technologies present to the American workforce, and ensuring all Americans thrive in the Golden Age of Innovation.

Scientific American observes that 12/13 are executives, and only one, Martinis, is an academic researcher. But I mean, of course a council like this, from this administration, is going to be made up of big-cap corporate executives and founders. I’d say it’s more surprising there is even one academic researcher than that there aren’t more.

I’m more intrigued by the companies who aren’t represented: no one from Apple, no one from Microsoft, no one from Amazon. (That left room for two from Oracle, that well known bastion of corporate virtue.) Read into that what you will. Me, I can’t help but suspect that this administration is taking on a profound stink, and something like appointments to this council are akin to a game of music chairs where Tim Cook, Satya Nadella, Andy Jassy, and Jeff Bezos are happy not to have gotten seats.