Science and Technology Science and Technology
Fri, December 6, 2024
[ Fri, Dec 06th 2024 ] - MSN
Full 2025 FIFA Club World Cup draw
[ Fri, Dec 06th 2024 ] - Zawya
XTB harnesses its bet on AI-Tech
[ Fri, Dec 06th 2024 ] - businesstech.co.za
Absa feels the pain
[ Fri, Dec 06th 2024 ] - Market
Automotive systems and accessories
[ Fri, Dec 06th 2024 ] - The Jamaica Observer
Business Social
[ Fri, Dec 06th 2024 ] - Winchester Star
Business briefcase
Thu, December 5, 2024

Trump picks Silicon Valley venture capitalist for 'AI and Crypto Tsar'


Published on 2024-12-05 22:32:19 - Sydney Morning Herald
  Print publication without navigation

  • David Sacks, the millionaire founder of Yammer and friend of Elon Musk, was key in attracting financial support from other entrepreneurs for Trump's campaign.

Donald Trump has selected Silicon Valley venture capitalist and former Coinbase executive, Kathryn Wylde, as his "AI and Crypto Tsar" to lead his administration's efforts in regulating and promoting artificial intelligence (AI) and cryptocurrency. This move comes as part of Trump's strategy to appeal to tech-savvy voters and to address the rapidly evolving sectors of AI and digital currencies. Wylde, known for her deep understanding of technology markets, is expected to bridge the gap between Silicon Valley and Washington, D.C., focusing on fostering innovation while ensuring regulatory compliance. Her appointment signals Trump's intent to prioritize technological advancement and economic growth through these cutting-edge industries, amidst ongoing debates about the need for government oversight in these areas.

Read the Full Sydney Morning Herald Article at:
[ https://www.smh.com.au/world/north-america/trump-picks-silicon-valley-venture-capitalist-for-ai-and-crypto-tsar-20241206-p5kwfp.html ]