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The Latest Breaking News from David Sacks

Trump Issues Warning To Wall Street After Secret White House Meeting With Coinbase CEO

President Trump meets with Coinbase CEO and supports the crypto industry in its ongoing battle with banks over stalled legislation.

International Business Times UK

In its fight with Hegseth, Anthropic confronts perhaps the biggest crisis in its five-year existence

War Secretary Pete Hegseth has threatened to bar defense contractors from using Anthropic’s Claude AI models unless the company changes some restrictions in its Pentagon contract.

Fortune

Trump’s AI czar thinks the U.S. is too pessimistic about AI

Trump’s technology czar worries AI dread will equate to a “self-inflicted injury.” He’s also against the California billionaires tax.

Fortune

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Chip export bill advances in House Foreign Affairs

The bill would restrict exports of certain artificial intelligence chips to China, after President Trump said he would allow those.

Roll Call

JD Vance: ‘despicable toady for Trump’ – and 2028 candidate in all but name

Vice-president has emerged as key defender of Maga flame – and is backed by big tech billions. Is this the heir apparent?

The Guardian - US

MAGA targets Brian Mast over AI chips regulation

"Kill the bill," Laura Loomer said.

Axios

Elon Musk’s stubborn spin on Grok’s sexualized images controversy

Musk attempts to recast AI tool’s misuse. Plus, tech billionaires plot against a proposed California tax on their fortunes

The Guardian - US

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White House holds back on national AI framework specifics

A leader of the White House’s artificial intelligence strategy offered House lawmakers few details on its planned legislative proposal.

Roll Call

Tech titans divided over whether to pay billionaire tax or flee California

State residents worth more than $1bn could face one-off, 5% tax to help fund education, food assistance and healthcare

The Guardian - US

The office block where AI ‘doomers’ gather to predict the apocalypse

Safety researchers feel excessive financial rewards and an irresponsible work culture have led some to ignore a catastrophic risk to human life

The Guardian - UK

How Trump’s freeze on state AI laws could make your next home cost even more

State and local officials are racing to limit algorithmic real estate pricing, which critics say amount to automated market-fixing

The Independent UK

Gavin Newsom pushes back on Trump AI executive order preempting state laws

California governor says order pushes ‘grift and corruption’ instead of innovation just hours after president’s dictum

The Guardian - US

Trump signs executive order aimed at preventing states from regulating AI

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

The Guardian - US

Trump signs executive order targeting state AI laws

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

Axios

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Benzinga

Trump's AI Czar David Sacks Supports President's 'One Rulebook' For The Technology, Warns 50-State Regulatory Patchwork Could Cripple US

Venture capitalist David Sacks is backing President Donald Trump’s push for a “one rulebook” for Artificial Intelligence, warning that fragmented state laws could undermine U.S. innovation and global competitiveness.

Axios

Mainstream reporting is dominant as ever — with Trump's help

Trump administration efforts to restrict reporters have done little to slow the flow of leaks to legacy media.

The Guardian - UK

‘The biggest decision yet’: Jared Kaplan on allowing AI to train itself

Anthropic’s chief scientist says AI autonomy could spark a beneficial ‘intelligence explosion’ – or be the moment humans lose control

Benzinga

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…

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International Business Times

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…

Benzinga

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.

The Independent UK

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

Axios

White House floats executive order to override state AI laws

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

Evening Standard

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

Fortune

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.

Benzinga

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.

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