Nvidia and Cisco confirm funding commitments for White House ballroom project

Technology companies Nvidia and Cisco have confirmed multimillion-dollar contributions to President Donald Trump's White House ballroom construction project, CNBC reported on October 15. Quartz, Pluang, and Breakingthenews.net also reported the confirmations, citing pledges from the tech firms. A report from The Washington Post noted that Nvidia and Apple each pledged 25 million dollars to the effort, which represents some of the largest gifts on a donor list that totals more than 330 million dollars, CNBC said. [1][4][5][6][7][8]

An Nvidia spokesperson told CNBC that support for the United States is paramount as an American company and is independent of business interests. The spokesperson added that the business was proud to donate to a nonpartisan effort. [1]

The White House State Ballroom is part of a new East Wing under construction at the official residence of the president of the United States in Washington, D.C. Construction began at the site in September 2025, following the demolition of the original 1902 East Wing in October 2025. Nvidia is a multinational technology firm based in Santa Clara, California, that develops graphics processing units and artificial intelligence systems. [9][10]

Separately, White House crypto lead Patrick Witt announced his departure from the Trump administration on social media platform X, CoinDesk and Crowdfund Insider reported. CoinDesk reported that Witt was the final crypto adviser operating the office, leaving the digital assets council vacant. [2][3]