Trump tech adviser David Sacks under fire over vast AI investments

White House AI and crypto czar David Sacks looks on before President Donald Trump signs executive orders earlier this year. Brendan Smialowski/AFP via Getty Images

Brendan Smialowski/AFP via Getty Images

David Sacks, President Trump’s influential adviser on artificial intelligence and cryptocurrency, is on the defensive over government paperwork that critics say grant him “carte blanche” to shape U.S. policy while retaining hundreds of investments in the tech world.

Sacks is a prominent venture capitalist who, along with Elon Musk and Peter Thiel, is a member of the Paypal Mafia, a group of executives of the online payments company who helped

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