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The Latest Breaking News from David Sacks

Bill Ackman, Marc Andreessen And More Tech Leaders Back David Sacks As He Slams 'Hoax' Report

After David Sacks, the White House AI and Crypto Czar, dismissed the NYT investigation that alleged potential conflicts of interest as a “nothing burger” and a product of the outlet’s “hoax factory,” it sparked a wave of support from Silicon Valley heavyweights who view his service as an act of…

Benzinga

Time To End The SEC's Odd Assault On Unicoin

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…

International Business Times

Trump's Crypto Advisor David Sacks Hits Back At Conflict-Of-Interest Report As 'A Bunch Of Anecdotes,' Calls It 'Willfully Mischaracterized'

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.

Benzinga

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Trump looking at order that would unleash the DOJ on states that pass AI regulations

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 Independent UK

White House floats executive order to override state AI laws

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

Axios

Trump pays tribute to Ronaldo at MBS dinner as footballer poses for selfie with Elon Musk

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

Evening Standard

You don’t hate AI because of genuine dislike. No, there’s a $1 billion plot by the ‘Doomer Industrial Complex’ to brainwash you, Trump’s AI czar says

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

Fortune

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Sam Altman Denies OpenAI Seeking Trump Government's Bailout After CFO's Comment Sparks Controversy: 'We Do Not Have Or Want...'

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.

Benzinga

Microsoft, freed from its reliance on OpenAI, is now chasing ‘superintelligence’—and AI chief Mustafa Suleyman wants to ensure it serves humanity

Microsoft follows Meta in rebranding its advanced AI efforts as “superintelligence.” But Suleyman says Microsoft’s “humanist” approach means it will try to ensure superpowerful AI “doesn’t harm us.”

Fortune

Trump's CFTC Pick Mike Selig Pledges To 'Work Tirelessly' To Make US The Global 'Crypto Capital'

Mike Selig, the newly appointed Chair of the Commodity Futures Trading Commission, pledged on Saturday to support President Donald Trump’s goal of making the U.S. the world’s “Crypto Capital.”

Benzinga

Coinbase CEO Brian Armstrong 'Bullish' On Getting Key Crypto Legislation Passed By Year-End: 'We're 90% There'

Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong expressed optimism on Thursday about the future of cryptocurrency regulations in the U.S., noting that both Democrats and Republicans are on the same page.

Benzinga

Reid Hoffman rallies behind Anthropic in clash with the Trump administration

Reid Hoffman defends Anthropic amid a growing rift in Silicon Valley, as AI czar David Sacks criticizes the company’s approach to regulation and safety.

Fortune

Trump claims ‘unquestioned power’ in vow to send troops to San Francisco

President claims on Fox News ‘they want us in San Francisco’ despite opposition from city officials

The Guardian - US

Maye Musk Says She Only 'Lasted' Until 11 PM At Elon's Saturday Meetings, Agrees With Trump's AI Czar No One Works Harder Than Her Son

Maye Musk shared insights into her son and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk‘s work habits, emphasizing his dedication. In a social media post on Sunday, she recounted attending his Saturday meetings, which featured diverse and passionate groups every hour.

Benzinga

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Axios

New AI battle: White House vs. Anthropic

The fight is as much about state-level regulations as it is federal ones.

Benzinga

Alibaba's Joe Tsai Pushes Back On US-China 'AI Race' Rhetoric: 'Why Would Any One Country...'

Alibaba Group Holding Ltd (NYSE:BABA) Chairman Joe Tsai shared his thoughts on the U.S.-China AI competition this week, suggesting that the U.S. should reconsider its approach.

Benzinga

Nvidia CEO Jensen Huang Reportedly Frustrated As Trump's Commerce Secretary Slows UAE Chips Deal Over China Link

A multibillion-dollar deal for Nvidia Corporation (NASDAQ:NVDA) to supply advanced AI chips to the UAE has been stalled for months, reportedly frustrating CEO Jensen Huang as U.S. Commerce Secretary Howard Lutnick pushes Abu Dhabi to finalize investments before shipments proceed.

Benzinga

Elon Musk Says xAI Is Building 'Grokipedia' To Replace Wikipedia: 'Will Be A Massive Improvement'

On Tuesday, Elon Musk said his xAI startup is building a rival to Wikipedia, called "Grokipedia," which he stated will be a "massive improvement" over the popular online encyclopedia.

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Benzinga

US Could Lose AI Race To China, Warns Ex-Google CEO Eric Schmidt: 'They're...Applying It To Everything'

Former Google CEO Eric Schmidt said the U.S. risks losing its edge in artificial intelligence as China rapidly advances in applied AI and open-source technologies.

Benzinga

Trump's Crypto Czar, Mideast Envoy Under Scrutiny As Elissa Slotkin Seeks Probe Into David Sacks, Steve Witkoff's Alleged UAE Crypto Gains

Sen. Elizabeth Warren (D-Mass.) and Sen. Elissa Slotkin (D-Mich.) demanded an investigation Wednesday into potential conflicts of interest concerning Trump administration officials David Sacks and Steve Witkoff, and their association with the World Liberty Financial cryptocurrency venture.

Benzinga

Elizabeth Warren Wants To Probe Trump's Crypto Czar And How David Sacks Is 'Overstaying' His 130-Day Term Limit: Another Example Of Corruption

Sen. Elizabeth Warren (D-Mass.) raised concerns on Tuesday over potential conflicts of interest involving the Trump administration’s Crypto AI Czar, David Sacks.

Benzinga

White House AI Czar David Sacks Warns Washington Must Let US Chipmakers Like Nvidia Sell Abroad Or Risk Forfeiting AI Race To Huawei And China

On Thursday, White House AI and crypto czar David Sacks urged Washington to update export control policies, warning that restricting U.S. companies like Nvidia Corp. (NASDAQ:NVDA) from selling chips abroad could hand Chinese companies such as Huawei Technologies the advantage in the global race for artificial intelligence dominance.

Reason

Donald Trump Is Not the Bitcoin President

He’s the stablecoin president, seeking to expand the monetary power and borrowing capacity of the U.S. government.

Benzinga

Elon Musk Says The Government Is 'Unfixable,' Hails Trump's Crypto Czar David Sacks: 'Haven't Been To DC Since May'

Billionaire and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk has said that he hasn't been to Washington, D.C. since May, calling his time with the Trump administration a "side quest."

Benzinga

Peter Thiel Believes You 'Get Many Chances' In Life, But If You Do This One Thing Then You Don't

Peter Thiel says success rarely comes just once and that entrepreneurs can earn multiple shots at it if they keep iterating after missteps.

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People

Marjorie Taylor Greene

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