White House crypto czar and UAE officials explore opportunities in AI and digital currencies.
UAE’s tech investments in the U.S. include a $7 billion project for AI data centers.
Former President Trump hosts UAE’s national security adviser, emphasizing economic ties.
In a recent development, the White House crypto and AI czar picked by President Donald Trump met with Sheikh Tahnoon Bin Zayed Al Nahyan, Zayed is the UAE’s national security adviser with the recent meeting aimed to discuss advancing AI, digital currencies, and potential investment opportunities.
Strategic Talks on Technology and Investment
Tahnoon was hosted by former U.S. President Donald Trump at a private dinner at the White House on March 18. After the meeting, Trump posted on Truth Social that he and senior leaders discussed enhancing economic and technological links between the U.S. and the UAE.
Tahnoon confirmed in a March 20 post on X that he and Sacks addressed the impact of AI, the growth of digital currencies, and investment possibilities. This meeting aligns with the UAE’s ongoing interest in expanding its role in AI and crypto markets.
https://twitter.com/hhtbzayed/status/1902852288244256802
The specifics of the conversation were confidential, but the UAE expressed interest in technology, energy, and advancing access to computer chips that are held in U.S. export control lists, amid U.S. export restrictions put in place in 2023.
Focus on Digital Currency and AI Growth
During the official visit, Tahnoon discussed with the technology and finance leaders. Among the leaders, Oracle’s Larry Ellison, BlackRock’s Larry Fink, Microsoft’s Satya Nadella, and Nvidia’s Jensen Huang were present. The held talks stress that the United Arab Emirates sole focus on tech as the future economic big deals
Tahnoon, who chairs the investment firm MGX, is actively involved in significant technology investments. MGX recently invested $2 billion in Binance and plans to invest $7 billion in the Stargate project. The initiative targets the nationwide deployment of AI data centers throughout the United States. The financial strategic efforts of Tahnoon involve controlling a $1.5 trillion empire that includes sovereign wealth funds combined with the UAE’s largest bank and the AI enterprise G42. The UAE continues to develop its digital infrastructure across the U.S. through detailed discussions between parties. Read MoreNews, Market News, NewsNow, Artificial Intelligence, Crypto market, cryptocurrency, UAE, USA
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