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The Latest Breaking News from David Sacks

The 'PayPal Mafia' built a $1.5 billion fintech pioneer. The company they left behind is struggling

Fortune coined the term "PayPal Mafia" in 2007. Two decades later, the mafia is thriving, but PayPal isn't.

Fortune

Trump’s former AI czar says the quiet part out loud on the economy: ‘Stopping progress in AI would be equivalent to halting the US economy’

With across-the-board job growth yet to materialize, AI investment is propping up economic activity.

Fortune

Salesforce CEO Marc Benioff says AI won't kill entry-level jobs. He’s hiring 1,000 new grads to prove it

The billionaire said the SaaS giant would hire recent grads to help build its AI platforms.

Fortune

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Trump administration vows crackdown on Chinese companies 'exploiting' AI models made in US

The Trump administration is vowing to crack down on foreign tech companies’ exploitation of U.S. artificial intelligence models, singling out China at a time that country is narrowing the gap with the U.S. in the AI race

The Independent UK

White House chief of staff to meet with Anthropic CEO over its new AI technology

White House Chief of Staff Susie Wiles plans to meet with Anthropic CEO Dario Amodei to discuss the company's new AI model, Mythos

The Independent UK

Inside David Sacks' new role shaping Trump's AI agenda

It keeps a powerful Silicon Valley voice without the constraints that come with serving inside government.

Axios

Trump Rejects Assessment From Official About Israel Potentially Launching Nuclear Strike On Iran: 'Would Never Do That'

President Donald Trump rejected an assessment from AI Czar David Sacks, who said days ago that Israel could launch a tactical strike against Iran if the war doesn't end soon.

Latin Times

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Trump's AI czar calls for U.S. to 'get out' of war and warns Iran has a 'dead man's switch' that could render Gulf states almost uninhabitable

"So there's a lot of scenarios here, a lot of really frightening scenarios about where escalation could lead," Sacks said.

Fortune

Iran-US war latest: Dubai shuts airport as Trump warns Nato faces ‘bad future’ if allies don’t help open Strait of Hormuz

The US president said it is only appropriate that those who benefit from oil coming through the waterway help to free it

The Independent UK

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

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

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Axios

MAGA targets Brian Mast over AI chips regulation

"Kill the bill," Laura Loomer said.

The Guardian - US

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

Roll Call

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.

The Guardian - US

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

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news in one place.

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The Guardian - UK

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 Independent 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 Guardian - US

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

Axios

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.

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.

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