The Latest Breaking News from David Sacks

Order, which lacks the force of law, also creates taskforce whose ‘sole responsibility’ will be challenging states’ AI laws

The president and AI czar David Sacks are moving aggressively in favor of industry to rein in state regulation of the technology.

The SEC's charges against Unicoin and several of its principals are based on Cave's claim that they had "exploited thousands of investors with fictitious promises that its tokens, when issued, would be backed by real-world assets" – assets Cave claimed were worth a mere fraction of what the company had…

David Sacks, the White House AI and crypto czar, strongly denied a New York Times report claiming that his advisory role might advantage his own investments or those of his close associates.

Such a law would direct DOJ officials to challenge state laws that it deems could interfere with interstate commerce, according to a copy of the order proposal

The White House can't preempt state-level regulation — that's Congress' job.

The US president hosted the football superstar and the Saudi crown prince at a glitzy event at the White House

Remember “Effective Altruism?” The movement led by disgraced crypto kingpin Sam Bankman-Fried is back, lobbying against AI.

OpenAI CEO Sam Altman has moved swiftly to quash speculation that the company is seeking a federal bailout or financial guarantees from the Donald Trump administration after a remark by his CFO ignited confusion about the company's funding strategy.