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The Guardian - US
The Guardian - US
World
Gabrielle Canon

UNBELIEVABLE: Trump picks venture capitalist david sacks as ai and crypto czar - Caught on Camera

Man speaks into microphone on stage
David Sacks speaks at the Republican convention in July. Photograph: Andrew Caballero-Reynolds/AFP/Getty Images

Donald Trump announced on Thursday that he was nominating the podcaster and former PayPal chief operating officer David Sacks to be his White House artificial intelligence and crypto czar, continuing a pattern of rewarding big donors with political power.

Sacks, a venture capitalist and Silicon Valley insider, hosted big spenders at his San Francisco mansion in June to support the Trump campaign, with tickets ranging up to $300,000 a head. The event reportedly raked in more than $12m.

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