UAE boosts investment in AI and crypto, joins hands with Trump administration

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US Meets UAE Leader to Discuss AI, Crypto and Open Technology and Trade Collaboration Opportunities Between Two Superpowers.

Recently, the UAE's national security advisor, Sheikh Tahnoon Bin Zayed Al Nahyan, had an important meeting with the White House's crypto and AI "czar", David Sacks, to discuss the future of cryptocurrency and artificial intelligence. This is part of a series of technology collaboration activities between the US and UAE, especially as this Gulf nation is accelerating investments in the US market.

On 03/18/2025, US President Donald Trump hosted a dinner at the White House to welcome Sheikh Tahnoon. The next day, Trump posted on the Truth Social platform that both sides discussed ways to enhance cooperation to promote economic and technological future between the two countries. Although detailed content was not disclosed, many sources indicate the meeting revolved around technology, energy, and potential investments from UAE into the US.

In a post on X on 03/20, Sheikh Tahnoon confirmed that he spoke with David Sacks about the impact of AI, the expanding role of cryptocurrency, and emerging investment opportunities at the intersection of these two fields. This is a sign that UAE is not only interested in digital assets but also wants to leverage AI to optimize investment strategies and technology development.

I explored with @davidsacks47 , the Special Advisor on AI and Crypto, the transformative effects of artificial intelligence across various sectors, the expanding role of digital currencies in reshaping financial systems, and the investment opportunities emerging at their… pic.twitter.com/BXz5ZTl5FV

— Tahnoon Bin Zayed Al Nahyan (@hhtbzayed) March 20, 2025

Besides meeting with Sacks, Sheikh Tahnoon also had many exchanges with high-ranking US government officials, including Commerce Secretary Howard Lutnick and Finance Secretary Scott Bessent, to discuss bilateral trade and investment. Notably, he also had a video call with Elon Musk, who is serving as a cost-cutting advisor at the White House, to discuss management systems.

Not limited to politics, Sheikh Tahnoon also met with top global technology leaders like Larry Ellison (Oracle co-founder), Larry Fink (BlackRock CEO), Satya Nadella (Microsoft CEO), and Jensen Huang (Nvidia CEO). This is seen as an important step as UAE seeks to enhance computer chip access after the Biden administration tightened export restrictions on these components in 2023.

Additionally, UAE is deploying ambitious plans to build technological infrastructure in the US. The investment company MGX, led by Sheikh Tahnoon, is reportedly set to invest 7 billion USD in "Stargate", a 500 billion USD privately-led project to develop AI data centers across the US. This was further reinforced after Trump's return to the White House and his announcement about this project just days later.

Not only focusing on AI, MGX recently invested 2 billion USD in Binance, showing Sheikh Tahnoon's ambition to expand UAE's influence in the cryptocurrency field. This is just a small part of the 1.5 trillion USD empire he controls, including two sovereign wealth funds of UAE, the country's largest bank First Abu Dhabi Bank, and AI development company G42.

By increasing influence in both AI and crypto fields, Sheikh Tahnoon and UAE are gradually reshaping their role in the global technology ecosystem. If these plans are realized, the partnership between the US and UAE could open unprecedented investment opportunities while promoting strong development of cryptocurrency and AI in the next decade.

Compiled by VIC Crypto

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