Trump picks venture capitalist David Sacks as AI and crypto ‘czar’

Top donor with links to Musk to offer leadership on ‘two areas critical to the future of American competitiveness’Donald Trump announced on Thursday that he was nominating podcaster and former PayPal chief operating officer David Sacks to be his White House artificial intelligence and crypto czar, continuing a pattern of rewarding big donors with political power.Sacks, a venture capitalist and Silicon Valley insider, hosted big spenders at his San Francisco mansion in June to support the Trump campaign, with tickets ranging up to $300,000 a head. The event reportedly raked in more than $12m. Continue reading...

Dec 6, 2024 - 10:30
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Trump picks venture capitalist David Sacks as AI and crypto ‘czar’

Top donor with links to Musk to offer leadership on ‘two areas critical to the future of American competitiveness’

Donald Trump announced on Thursday that he was nominating podcaster and former PayPal chief operating officer David Sacks to be his White House artificial intelligence and crypto czar, continuing a pattern of rewarding big donors with political power.

Sacks, a venture capitalist and Silicon Valley insider, hosted big spenders at his San Francisco mansion in June to support the Trump campaign, with tickets ranging up to $300,000 a head. The event reportedly raked in more than $12m.

Continue reading...