News Summary

David Sacks has concluded his role as Donald Trump’s AI and crypto czar and is set to co-chair the President’s Council of Advisors on Science and Technology (PCAST). In his new position, Sacks will focus on providing recommendations on a wide range of technology topics including AI, advanced semiconductors, quantum computing, and nuclear power. The council, which includes prominent figures like Nvidia’s Jensen Huang and Meta’s Mark Zuckerberg, aims to streamline Trump’s national AI framework by addressing the regulatory inconsistencies across different states. Despite his departure, Sacks remains a partner at Craft Ventures, although the firm has not commented on his next steps.