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The Latest Breaking News from David Sacks

Palantir Stock Stays Above 50-Day Line, Bucks AI Software Worries. Is PLTR Stock A Buy?

Palantir stock bulls tout the software maker's AI strategy and strong U.S. government business amid a lofty valuation for PLTR stock.

Investors Business Daily

Trump's First-Term Ban On EUV Tools Stalled Huawei, SMIC, Cambricon — Now China's Chip Factories Are Roaring Back, Warns David Sacks

White House-appointed “Crypto Czar” David Sacks warned Wednesday that Chinese semiconductor manufacturers are surging back despite previous export controls, citing new production data showing China’s chipmakers planning to triple artificial intelligence processor output.

Benzinga

OpenAI’s president and Andreessen Horowitz are helping lead a $100 million Silicon Valley push against tougher AI laws and the lawmakers behind them

The organization will support politicians who are friendly to AI “innovation.”

Fortune

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David Sacks, Chamath Palihapitiya Warn Pre-Product AI Founders Against Rejecting Multi-Billion Dollar Acquisition Offers

Tech investors David Sacks and Chamath Palihapitiya cautioned AI startup founders about the risks of turning down massive acquisition offers before even releasing a product.

Benzinga

Trump’s AI czar plants flag in ‘doomer’ debate. Here’s why he thinks humans are still in control of the Pandora’s Box they’ve opened

“Right now the current situation is Goldilocks,” says David Sacks, special adviser to the White House for AI and crypto.

Fortune

This unprecedented shift in unemployment suggests AI could strand white-collar knowledge workers in a jobless recovery after the next recession

“A much larger unemployment risk and anemic recovery prospects for these workers might cause the next labor market downturn to look pretty dismal.”

Fortune

Trump Greenlights Bitcoin In $40 Trillion 401(k)s: Peter Schiff Calls It A 'Gamble' With Retirement Savings — What Others Said

President Donald Trump signed executive orders on Thursday allowing cryptocurrency investments in 401(k) retirement plans, potentially opening $40 trillion in retirement savings to digital assets like Bitcoin (CRYPTO: BTC).

Benzinga

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Ray Dalio, David Sacks Say They Would Have Fired Labor Bureau Commissioner Trump Removed: Here's Why

Billionaire investor Ray Dalio has weighed in on President Donald Trump's decision to dismiss Bureau of Labor Statistics Commissioner Erika McEntarfer, following last week's sharp downward revision to U.S. jobs data.

Benzinga

Trump's AI Czar Says Tech Behind Chatbots Won't Kill Jobs: 'Narrative Is Overhyped'

As debates over AI-driven job displacement intensify, Silicon Valley investor and economic commentator Balaji Srinivasan and White House AI and crypto czar David Sacks say the real story is that humans remain essential, guiding and verifying AI at both ends of the workflow.

Benzinga

Mark Cuban Urges Trump's AI Advisor To 'Make It Illegal' For LLMs To Serve Ads, Reminds Of Social Media's Algorithm Lessons

Billionaire entrepreneur Mark Cuban urged President Donald Trump‘s crypto advisor, David Sacks, on Saturday to ban advertising in artificial intelligence models, warning against repeating social media’s algorithmic mistakes that prioritize revenue over user experience.

Benzinga

Jensen Huang Saw GPU Future While Others Chased CPUs — Trump AI Czar David Sacks Rejects Calls To Break Up Nvidia, Backs 'Build Baby Build' Strategy

White House AI and crypto czar David Sacks defended Nvidia Corp. (NASDAQ:NVDA) against breakup calls during an interview, citing the company’s visionary leadership and competitive market dynamics as President Donald Trump outlined his “build baby build” strategy for AI dominance.

Benzinga

Trump’s AI agenda hands Silicon Valley the win—while ethics, safety, and ‘woke AI’ get left behind

At a Capitol Hill spectacle complete with VCs and billionaires, Trump sealed a new era of AI governance: deregulated, unapologetically pro-growth, and ethics-optional.

Fortune

No woke AI, more energy-hungry data centres, and winning the AI race: Inside Trump's AI Action Plan

Euronews Next breaks down what the US AI Action Plan means.

Euronews

Podcast, policy, and pomp in D.C. at the surreal celebration of Trump’s AI Action Plan

David Sacks, Trump’s AI czar, shared the stage with his cohosts from the All-In podcast on Wednesday, walking through various elements of the new 28-page AI Action Plan.

Fortune

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International Business Times

Trump Admin Unveils AI Strategy To Maintain US Dominance

President Donald Trump's administration unveiled an aggressive, low-regulation strategy on Wednesday boosting big tech's race to stay ahead of China on artificial intelligence and cement US dominance in the fast-expanding field.

The Independent UK

The Latest: Trump will reveal ‘AI Action Plan’ shaped by his Silicon Valley supporters

An artificial intelligence agenda formed on the podcasts of Silicon Valley billionaires is now being set into U.S. policy as President Donald Trump leans on the ideas of the tech figures who backed his election campaign

Benzinga

Jamie Dimon Trying To Undermine Trump's Plans To Make US Crypto Capital Of The World, Says Tyler Winklevoss

Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, accused banking giant JPMorgan Chase Co. (NYSE:JPM) and its CEO Jamie Dimon on Sunday of attempting to stifle fintech and cryptocurrency companies in the U.S. by charging fees for customer data access.

Benzinga

David Sacks Says He Hopes To 'Convince' Elon Musk To Return To GOP As Trump Feud Escalates: 'They Were Once Very Good Friends'

On Tuesday, White House AI czar David Sacks weighed in on the growing rift between President Donald Trump and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk, expressing hope for a future reconciliation.

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Benzinga

Nvidia Says 'Washington Gets It' After Trump's AI Czar David Sacks Says US Has To 'Outcompete' Global Rivals

On Tuesday, Jensen Huang-led Nvidia Corporation (NASDAQ:NVDA) applauded Washington's AI strategy after Donald Trump's AI advisor, David Sacks, highlighted the need for U.S. tech to outpace global adversaries by becoming the international standard.

International Business Times UK

How Much Is BTC To USD? Trump Could 'Replace' US Dollars To Bitcoin As Crypto Reaches All Time High

Bitcoin hits $123K as Trump backs crypto initiatives, hints at BTC replacing the US dollar. Strategic reserves and new laws mark major shifts in policy.

Benzinga

David Sacks Calls Universal Basic Income A Leftist Fantasy. As Trump's AI Czar, He Says 'Everyone On Welfare' Just Isn't Realistic

Investor David Sacks, President Donald Trump's artificial intelligence czar, is back in the spotlight after blasting the idea of universal basic income and warning against global efforts to regulate AI. He says the growing enthusiasm for UBI is more political fiction than serious policy.

Benzinga

X CEO Yaccarino Splits With Elon Musk After Two Years, Says 'Best Is Yet To Come' For Social Platform

Linda Yaccarino is moving on from social media platform X, two years after joining the company, which is owned by billionaire Elon Musk.

Fortune

Big Tech is racing to build AI data centers—just as Accenture warns carbon emissions could surge 11x

Accenture says AI’s carbon surge can be avoided—but as Big Tech races to build ever-larger data centers, the question is whether anyone’s really trying.

The Guardian - US

Peter Thiel’s Palantir poses a grave threat to Americans

Working with the Trump administration, the data company could be used to target the president’s opponents

Benzinga

Trump's Crypto Advisor David Sacks Says July Will Be A 'Big Month' — Says President Supports Legislation On Market Structure And Stablecoins

President Donald Trump's crypto and AI advisor, David Sacks, praised on Thursday the Senate’s timeline and plan for crypto legislation that proposes dividing oversight of digital assets between market regulators.

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