Trump Appoints Venture Capitalist as AI and Crypto Czar

Donald Trump has named David Sacks, a venture capitalist at Craft Ventures LLC, to serve as his artificial intelligence and crypto czar. This newly created position aims to help the president-elect establish himself in two rapidly growing industries.

Sacks’ involvement with tech helped Trump build connections in the industry. He will now guide policy for the administration on artificial intelligence and cryptocurrency, with a focus on making America a leading global force in both areas.

Source: https://www.bloomberg.com/news/articles/2024-12-06/trump-names-david-sacks-as-white-house-ai-and-crypto-czar