David Sacks Met Sheikh Tahnoon to Discuss Crypto, AI, and Investment
White House crypto and AI czar, David Sacks, recently met with Sheikh Tahnoon Bin Zayed Al Nahyan, the UAE’s national security adviser, to discuss AI, digital currencies, and investment opportunities. This meeting signifies a deeper collaboration between the U.S. and the UAE in emerging technologies.
Former U.S. President Donald Trump hosted Tahnoon for a private dinner at the White House on March 18. Trump later shared on Truth Social that he and senior officials explored ways to enhance economic and technological partnerships with the UAE.
While specific details of the talks remain undisclosed, Bloomberg reported that Tahnoon discussed technology, energy, and increasing UAE investments in the U.S. He also aimed to secure better access to computer chips after the Biden administration’s 2023 export restrictions.
Crypto, AI, and Investment Talks
In a March 20 post on X, Tahnoon confirmed his discussion with Sacks about the impact of AI, the growth of digital currencies, and new investment opportunities. This meeting reflects the UAE’s interest in expanding its influence in crypto and AI.
Tahnoon also met with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent to discuss trade and investment. Additionally, he spoke with tech leaders, including Oracle’s Larry Ellison, BlackRock’s Larry Fink, Microsoft’s Satya Nadella, and Nvidia’s Jensen Huang.
During his visit, Tahnoon held a video call with Elon Musk, who serves as the White House cost-cutting czar. They discussed modernizing government systems and potential AI advancements.
UAE’s Tech Investments in the U.S.
Tahnoon chairs the investment firm MGX, which recently invested $2 billion into Binance. MGX also plans to invest $7 billion in “Stargate,” a $500 billion project to develop AI data centers across the U.S. Trump announced the initiative after returning to the White House.
Tahnoon controls a $1.5 trillion financial empire, including sovereign wealth funds, the UAE’s largest bank, and AI firm G42. His discussions suggest a major push for UAE-backed digital infrastructure in the U.S.