UAE National Security Advisor Meets with White House AI and Crypto Advisor to Discuss Artificial Intelligence and Cryptocurrencies

Sheikh Tahnoon Bin Zayed Al Nahyan, the UAE's national security advisor and chairman of investment firm MGX, met with White House AI and crypto advisor David Sacks

The national security advisor of the UAE and chairman of investment firm, MGX, Sheikh Tahnoon Bin Zayed Al Nahyan, met with White House AI and crypto advisor David Sacks to discuss topics such as artificial intelligence, cryptocurrencies, and potential investment opportunities.

Taking to X, to announce the meeting with the US presidential advisor, Sheikh Tahnoon said that their discussion revolved around the role of AI in various industries and the growing importance of digital assets in global financial structures.

Highlighting the UAE’s interest in fostering technological cooperation, he said, “Great meeting today with David Sacks, Advisor to President Biden for AI and crypto. We discussed the role of AI in various industries and the growing importance of digital assets in global financial structures.”

The meeting comes amid broader efforts by the UAE to boost economic and technological ties with the U.S.

Earlier this month, President Donald Trump hosted Sheikh Tahnoon for dinner at the White House on March 18.

Announcing the meeting on his Truth Social platform, Trump stated that their conversation revolved around expanding trade, investment, and technological collaboration between the two nations.

While specific details of their discussion weren't disclosed, a key topic involved gaining access to advanced computer chips. As reported by Bloomberg News, Sheikh Tahnoon highlighted the challenges posed by U.S. export restrictions on semiconductor technology. The UAE is striving to secure essential AI hardware as it expands its tech infrastructure.

In addition to meeting with David Sacks, the chairman of investment firm, MGX had meetings with Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent during his visit to the U.S.

The UAE’s strategic investments in the U.S. aim to forge closer economic ties between the two countries and further the advancement of technology.

The meeting with U.S. officials comes shortly after MGX’s significant $2 billion investment in Binance. This deal, done through stablecoins, marks the largest crypto-based investment ever undertaken.

Beyond its Binance investment, MGX has allocated substantial capital to AI-driven projects. The firm is a key backer of the $100 billion Stargate data center project, which aims to support the development of AI infrastructure.

Furthermore, MGX has made investments in OpenAI, Elon Musk's xAI, and Amazon-backed Anthropic, solidifying its position as a leading player in the AI industry.