Author: IBL News

IBL News | New York

Crypto firm World Liberty Financial, which is 38% owned by the Trump family, is collaborating with WorldClaw venture, a Hong Kong-based company, by offering Chinese AI models, Reuters reported. The collaboration, which is not illegal, seems to be based mainly on the fact that Chinese WorldClaw allows customers to accept World Liberty’s crypto tokens as payment.

The White House spokesperson Anna Kelly said in a statement that “there are no conflicts of interest” in the relationship between World Liberty and WorldClaw and that “President Trump ​only acts in the best interests of the American public.”

David Wachsman, a spokesman for World Liberty Financial, said WorldClaw was an independent company and noted that major U.S. firms offer AI from both Chinese and American tech companies. “This is a common and widely accepted approach,” he said in an email.

According to Reuters, 43 of WorldClaw’s 90 AI models have been flagged by U.S. administrations for national security concerns.

Behind these models, which are typically less expensive and have increasing global traction, are Alibaba, Baidu, Z.ai, and other Chinese technology companies. However, WorldClaw ‌also offers access to dozens of models from U.S. firms such as OpenAI and Anthropic.

Seven experts on Chinese technology, trade, and government ethics, quoted by Reuters, said the business collaboration runs counter to the Trump administration’s stance on Chinese tech companies.

IBL News | New York

David Sacks, Co-Chair of President Trump’s Council of Advisers on Science & Technology and a tech investor, criticized Anthropic’s CEO’s views on AI in a post on X today.

“Dario Amodei believes frontier AI is too powerful to distribute; we believe it is too powerful to centralize,” said President Trump’s advisor.

Anthropic CEO Dario Amodei recently pushed back against the idea that he’s been painting an overly pessimistic picture of artificial intelligence. “I think that ordinary people don’t trust companies, governments, or the tech industry and always suspect that we are cooking up some new way to screw them over.”

“I think by far the most accurate criticism of AI companies, including Anthropic, is that we haven’t yet delivered on our big promises to benefit the world,” Amodei said. “That is totally on us, and I think it’s the criticism you should be making, instead of all this stuff about messaging and marketing.”

In response to Anthropic’s CEO, David Sacks also launched a warning, “I have repeatedly argued for strong antitrust enforcement to keep industries competitive, especially Big Tech. If Anthropic continues toward monopoly or duopoly status, I would be among the first to demand those rules apply.”

President Trump’s advisor did address Anthropic’s lobbying investment in Washington, D.C.

“Industry groups have concentrated stakes and pour resources into influencing regulators, whereas the public’s stake is diffuse and unorganized. The revolving door between companies and the agencies that regulate them compounds the problem. Anthropic understands these dynamics: it has hired multiple senior Biden AI-policy officials and built a substantial government-affairs operation plus a network of aligned organizations to push its preferred frameworks at state and federal levels.”

On openness, “Dario wants open models under heavier scrutiny (…) He says he has never sought a ban, but he could achieve a similar result by insisting that identical rules apply to both open and closed models. The U.S. risks becoming an island of costly closed models while the rest of the world races ahead with broader choice.”

Regarding fear of AI, “Dario’s post assumes we have amnesia about Anthropic’s well-orchestrated campaigns hyping AI fears. His May 2025 claim that AI would wipe out 50 percent of entry-level knowledge jobs within five years still lacks supporting evidence fifteen months later. Similarly, Anthropic breathlessly promoted its heavily contrived “blackmail” study on 60 Minutes. Yet Dario blames public negativity on a long-standing loss of trust in institutions rather than his own messaging.”

Some thoughts on Dario’s post:

1. Dario does not actually address Gavin Baker’s account of what he said – something he could easily deny if it were inaccurate.

2. Dario claims his critics live in a “bubble” where all regulation equals regulatory capture. He calls this an overly… https://t.co/Pz3HFfk3Uy

— David Sacks (@DavidSacks) August 17, 2026