The event is part of Obama's outreach to the business community and follows the release today of his $3.7 trillion proposed budget. The president's talk with Bay Area business leaders will address their "shared goal of promoting American innovation, and discuss his commitment to new investments in research and development, education and clean energy," according to the White House. The event will likely not be open to the news media.
Obama then flies north to Oregon on Friday, where he'll visit semiconductor giant Intel Corp.
PHOTO CREDIT: The Associated Press