White House Crypto and AI Czar David Sacks Meets with UAE Officials

White House crypto and AI czar David Sacks was among several Trump administration officials who recently met with officials from the United Arab Emirates (UAE). The discussions focused on emerging technologies and UAE’s plans to increase its investments in the United States.

UAE National Security Adviser and the country’s president’s brother, Sheikh Tahnoon Bin Zayed Al Nahyan, mentioned in an X post on March 20 that he spoke with Sacks about the impact of AI, “the expanding role of digital currencies,” and “the investment opportunities emerging at their convergence.”

President Donald Trump invited Sheikh Tahnoon to a dinner at the White House on March 18 and shared on Truth Social the next day that he and senior U.S. officials discussed with Tahnoon “ways for their countries to increase their partnership for advancing their economic and technological futures.”

Sheikh Tahnoon Engages in High-Level Discussions on Technology and Investment in the U.S.

The full details of Sheikh Tahnoon’s discussions have not been made public, but Bloomberg reported on March 19 that people familiar with his meeting with Trump said he planned to talk about technology, energy, and UAE’s intentions to increase its investments in the U.S.

Multiple posts on Sheikh Tahnoon’s X account show that he held discussions with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent regarding trade and investment, as well as having a video call with White House cost-cutting czar Elon Musk to discuss government systems.

UAE’s Investment Plans in the U.S. On the Agenda

Sheikh Tahnoon held talks on artificial intelligence (AI) with tech executives including Oracle co-founder Larry Ellison, BlackRock CEO Larry Fink, Microsoft CEO Satya Nadella, and Nvidia CEO Jensen Huang. According to Bloomberg, he plans to discuss how the UAE could gain easier access to computer chips after the Biden administration’s restrictions on chip exports in 2023, as well as the country’s plans to establish technology infrastructure in the U.S.

Sheikh Tahnoon is the chairman of the investment firm MGX, which is reportedly planning to invest $7 billion into a $500 billion “Stargate” AI data center project. MGX also invested $2 billion in Binance and is part of a $1.5 trillion empire controlled by Sheikh Tahnoon, which includes UAE’s sovereign wealth funds, First Abu Dhabi Bank, and the AI firm G42.

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