White House AI and Crypto ‘Czar’ David Sacks describe the advancements in the Stubcoin bill regarding the “Craman Countdown.”
president Donald Trump’s Artificial Intelligence and Crypto Czar David Sacks said on Tuesday in the “Craman Countdown” that it is “very important” to work with Middle Eastern countries like the United Arab Emirates and Saudi Arabia.
His appearanceKraman Countdown“Last week, after Trump travelled to the Middle East to visit Saudi Arabia, the United Arab Emirates and Qatar, he ended up dealings of more than $2 trillion across various sectors.
Reminiscent of Boeing, GE, Trump’s trip to the Middle East
While the Middle East tour, including tours of the United Arab Emirates and Saudi Arabia, many large-scale AI-related transactions have been announced by the Trump administration and major tech companies.
Asked about concerns AI will deal with Middle Eastern countries Sacks told host Liz Claman “It’s certainly a concern that we have to take it seriously,” as it could give China a backdoor to access technology, but he said “these transactions have extensive security requirements.”
Zenefits CEO David Sacks said on September 13, 2016 TechCrunch was in disarray in San Francisco, California. (Beck Diefenbach/Reuters)
“I’m sure we can make sure that this technology stays where it should be,” he said. “And I think it’s very important to partner with these countries.”
“I don’t think China is happy that we made these deals,” Sachs told Kraman. “I think China would want to do these deals and we got there first and President Trump beat them to punches.”
Trump signs “Strategic Economic Partnership” with Saudi Arabia
Trump’s AI and Crypto Czar said Saudi Arabia and other Gulf countries “are concerned that the US is separated from them,” and claimed that the Biden administration “done almost all of their powers to alienate”, including denying participation in AI.
He expressed confidence in the US’s ability to keep AI chips and hardware safe.
“The question is who would want these countries to be partners?” he said. “If we reject them, we are going to drive them into Chinese weapons and China wants to sell chips to these countries. If they don’t allow their AI dreams and aspirations, we will make Huawei belts and roads.
Abu Dhabi, United Arab Emirates – US President Donald J. Trump will be greeted by a young girl on May 15, 2025 in Abu Dhabi, United Arab Emirates, to arrive at the official arrival ceremony at Qasr Al Watan (National Palace) on May 15, 2025. (Get McNamee/Getty Images)
“We want them to become piggy banks US AI and US AI Infrastructure In contrast to China’s infrastructure, he told Kraman.
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“Please note that there are matching requirements for these transactions,” he added. “They have to spend and invest in at least the US, just like their country, so this contract is a big deal to advance AI infrastructure not only in their country but in the US.”
The US and China have been engaged in AI racing as technology and hardware that has been seen in increasing demand in recent years.
