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A new report explores how David Sachs may benefit from his role in the Trump administration.
David Sacks, the artificial intelligence and crypto assets advisor to U.S. President Donald Trump, is facing conflict of interest allegations from The New York Times. The New York Times analyzed his 708 tech investments, of which 449 are AI companies that could benefit from his policies. Sacks dismissed the report as “pure nonsense” and received a moral exemption for selling most of his crypto assets and AI investments, but the details of the disclosures remain unclear. Critics, including Senator Elizabeth Warren, have highlighted the overlap between his policy role and investments, while his spokesperson denies any conflict of interest and states that he complied with ethical standards. The New York Times also mentioned his involvement in lifting restrictions on Nvidia chips and the White House AI summit hosted by his podcast “All-In.” Sacks's lawyers clarified that “All-In” is a nonprofit organization and does not provide any special privileges.