Home / Technology / Trump’s AI, Crypto Czar David Sacks Divests Stake In xAI To Avoid Conflicts Of Interest, Misses Out On ‘Massive Gains’

Trump’s AI, Crypto Czar David Sacks Divests Stake In xAI To Avoid Conflicts Of Interest, Misses Out On ‘Massive Gains’

David Sacks divested his stakes in Groq and xAI to avoid conflicts of interest while serving in the Trump administration.

David Sacks, the AI and Crypto Czar under the President Donald Trump administration, has disclosed that he divested his stakes in AI inference chip startup Groq and Elon Musk’s xAI to avoid potential conflicts of interest. The revelation comes in res… [1586 chars]

Source: Benzinga | Published: 2026-01-11T05:43:20Z

Credit: Benzinga

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