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President Obama delivered a speech at the global entrepreneurship summit at Stanford University on Friday by talking about Britain's vote to exit from the European Union.

FOX's Jessica Rosenthal reports:

President Obama told the entrepreneurs from all over the world, that he has spoken to Prime Minister David Cameron and that their and our financial and economic teams will remain focused on growth and stability.

He said he after speaking with German Chancellor Angela Merkel too, he's confident the U.S. will remain close to its Euro allies:

(President Obama) "I do think that yesterday's vote speaks to the ongoing changes and challenges that are raised by globalization, but while the UK's relationship with the EU will change, one thing that will not change is the special relationship that exists between our two nations."

The President also said that the world is better off with trade networking and communication, even as cultures collide. He called entrepreneurs the bridges and glue in that process.

Jessica Rosenthal, FOX News.

Follow FOX's Jessica Rosenthal on Twitter: @JessicaFOXNews