Trump names David Sacks as White House AI and crypto czar

By Stephanie Lai and Hadriana Lowenkron, Bloomberg News

Donald Trump says he is selecting venture capitalist David Sacks of Craft Ventures LLC to serve as his artificial intelligence and crypto czar, a newly created position that underscores the president-elect’s intent to boost two rapidly developing industries.

“David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency, two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas,” Trump said Thursday in a post on his Truth Social network.

Trump said that Sacks would also lead the Presidential Council of Advisors for Science and Technology.

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