The DealBook Summit is scheduled for November 18 at Jazz at Lincoln Center in New York City. The announced interview lineup includes Vice President JD Vance, OpenAI chief executive Sam Altman, Tesla and SpaceX leader Elon Musk and Microsoft chairman Satya Nadella. The event falls in the year DealBook marks 25 years since its founding.
According to The New York Times, the announced slate also includes Rhode founder and e.l.f. Beauty strategic adviser Hailey Bieber, OpenAI co-founder and president Greg Brockman, Polymarket chief executive Shayne Coplan, Skydance chairman and chief executive David Ellison, Nasdaq chair and chief executive Adena Friedman, European Central Bank president Christine Lagarde, Anduril Industries founder Palmer Luckey, New York City Mayor Zohran Mamdani, Canadian Prime Minister Mark Carney and Robinhood chairman and chief executive Vlad Tenev. The participants span technology, finance, fashion and government, among other fields.
The 25th anniversary is a milestone for DealBook, not for the Summit. The New York Times’ event materials say DealBook began in 2001 as a print and digital news section and daily newsletter. The Summit came later, launching in 2011.
A Quarter-Century of Convening Newsmakers
Andrew Ross Sorkin is slated to conduct interviews at this year’s event, the Times reports. The paper’s account of the Summit’s history lists past guests including Vice President Kamala Harris, Elon Musk, Bob Iger, Tim Cook, Adam Neumann, Hillary Clinton, Sundar Pichai, LeBron James, Volodymyr Zelensky of Ukraine, Bill Gates and Gwyneth Paltrow. This year’s announced participants include political leaders as well as executives from several major technology companies. The Times says readers can apply to attend in person.
New York’s technology and finance overlap
The Office of the New York City Comptroller describes the city’s technology sector as a cluster of industries rather than one clearly defined industry, and notes that discussions of the sector generally concern digital and information technology. That framing helps explain the overlap between technology and finance in a Summit lineup that includes leaders from both fields.
AI Inference Boom Forms a Backdrop
The Summit’s announced lineup comes as demand for AI infrastructure grows. The Times reports that data-center demand for AI inference is expected to rise 36 percent a year through the end of the decade, with inference projected to make up 42 percent of data-center workloads by 2030, compared with 28 percent for training and 30 percent for non-AI processing. Those forward-looking estimates warrant caution: Lawrence Berkeley National Laboratory says its data-center estimates from 2024 onward rely on equipment-shipment forecasts and predictions about future operations, making them less certain than historical estimates.
The Times also cites company figures that point to rapid growth in the infrastructure market: Together AI’s annual bookings reached $1.2 billion as of July, Fireworks surpassed $1 billion in annualized revenue run rate over the summer, and Baseten’s annualized revenue tripled to $600 million in the first quarter. The figures offer a snapshot of companies building infrastructure for AI tools, including those developed by OpenAI, whose leaders are scheduled to appear at the Summit.
Banking Earnings Set the Week's Tone
The Summit announcement also arrives during a busy period for bank earnings. The Times reports that JPMorgan Chase and Wells Fargo posted revenue below analyst expectations, weighing on their shares in premarket trading. Bank of America and Morgan Stanley were due to report Wednesday, with Goldman Sachs and Citigroup expected to report on the day the Summit lineup was announced.
The announced roster brings together political leaders, financial executives and technology figures for a one-day event in New York. The Times’ event materials describe a program focused on current business stories and developing trends—a broad remit as AI infrastructure and bank earnings feature in the news ahead of the Summit.
