A White House memo says David Sacks and Craft Ventures are divesting holdings in AI companies and hyperscalers like xAI and Meta (Dan Primack/Axios)

Dan Primack / Axios: A White House memo says David Sacks and Craft Ventures are divesting holdings in AI companies and hyperscalers like xAI and Meta  —  David Sacks, the venture capitalist advising President Trump on crypto and AI policy, is divesting his holdings in foundational AI companies and hyperscalers like xAI and Meta …

Jun 14, 2025 - 05:30
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A White House memo says David Sacks and Craft Ventures are divesting holdings in AI companies and hyperscalers like xAI and Meta (Dan Primack/Axios)

Dan Primack / Axios:
A White House memo says David Sacks and Craft Ventures are divesting holdings in AI companies and hyperscalers like xAI and Meta  —  David Sacks, the venture capitalist advising President Trump on crypto and AI policy, is divesting his holdings in foundational AI companies and hyperscalers like xAI and Meta …