Trump Appoints David Sacks as AI and Crypto Advisor
December 6, 2024 - 04:10
In a significant move, former President Donald Trump has appointed David Sacks as the White House's new advisor on artificial intelligence and cryptocurrency. Sacks, who previously served as the COO of PayPal, is well-known in Silicon Valley and has established strong connections with influential figures such as Elon Musk and Peter Thiel.
This appointment comes at a time when the U.S. government is increasingly focused on the regulation and development of emerging technologies like AI and cryptocurrency. Sacks is expected to leverage his extensive experience in the tech industry to help shape policies that balance innovation with necessary oversight. His relationships with key players in the tech world could also facilitate collaboration between the private sector and government agencies.
As the landscape of technology evolves rapidly, Sacks' role will be crucial in navigating the complexities of these industries. His insights and leadership may play a pivotal role in determining the future direction of AI and cryptocurrency in the United States.
MORE NEWS
February 2, 2026 - 08:56
Small business in Cortland announces store closingA cherished staple of the Cortland community, a combined local store and bakery, has announced it will be permanently closing its doors. The owners shared the difficult news directly with customers...
February 1, 2026 - 19:12
Musk confirms SpaceX success in preventing Russian military from accessing stolen Starlink unitsSpaceX has successfully prevented Russian forces from utilizing stolen Starlink internet terminals on the battlefield in Ukraine, according to company CEO Elon Musk. The action was taken after...
February 1, 2026 - 04:49
'Shark Tank' star worked at Red Lobster while building his business: Your 9-to-5 can be 'your first investor'Daymond John, the founder of iconic streetwear brand FUBU and a mainstay on ABC`s Shark Tank , recently shared a pivotal chapter from his entrepreneurial journey. Long before evaluating pitches in...
January 31, 2026 - 04:49
Denver’s First Asian Market to Pass Business to a Fourth GenerationA beloved Denver institution is celebrating a remarkable milestone as it prepares to welcome leadership from its fourth generation. The city’s first Asian market, a cornerstone of the community...