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newsMar 27, 20261:10

Sacks Moves to Tech Council, AI Role Ends

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David Sacks, a prominent Silicon Valley figure, is stepping down from his role as the White Houses AI and cryptocurrency point person after four months. Hes transitioning to co-chair the Council of Advisors on Science and Technology, allowing him to address a broader range of tech issues. Sacks, a partner at Craft Ventures, made headlines by relaxing AI chip export restrictions to China and advocating for an end to the Iran conflict. His influence on tech policy is expected to persist in his new position.

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Sacks Moves to Tech Council, AI Role Ends

Global News Today | 2 Min News | The Daily News Now!

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Global News Today | 2 Min News | The Daily News Now!Sacks Moves to Tech Council, AI Role Ends. Machine-transcribed; use the interactive transcript above to jump the player to any line.

It's March 27. This is Global News Today, driven by AI tracking the world in real time. David Sax is stepping down as the White House point person on artificial intelligence and cryptocurrency. He explained in a recent interview that his stint as a special government employee has hit its limit after about four months on the job. He's shifting over to co-chair President Trump's Council of Advisors on Science and Technology. That group pulls in experts from industry and academia to weigh in on all sorts of tech matters, giving him rooms to tackle issues beyond just AI. Sax came into the role right after Trump's second term kicked off in December 2024. A big name in Silicon Valley, he's a partner at Craft Ventures. The investment firm he helped start back in 2017. During his time leading AI efforts, he oversaw changes that relaxed old limits on shipping AI chips to China, a move away from prior policies. He also spoke out recently, urging the U.S. to wrap up its role in the Iran conflict.

Sax plans to keep supporting the president's fresh AI strategy released just last week, so his influence on tech policy looks set to continue in. This new spot.

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