On March 20, 2025, an important meeting was held between David Sachs, the US Special Adviser in Artificial Intelligence and Crypto, and Sheikh Tahain bin Zayed Al Nahyan, head of the investment fund in Abu Dhabi.
This meeting has made a great progress in technological cooperation between the United States and the United Arab Emirates and created new opportunities in artificial intelligence (AI) and encrypted currencies.
What did David Sayyar and Sheikh Tanan discuss?
Sheikh Tanon is a strong figure in the United Arab Emirates. He is the brother of the President of the United Arab Emirates and works as a national security consultant in the country. He also heads MGX, an investment fund established in 2024 to enhance artificial intelligence and block technologies.
In a publication on X (previously Twitter), Sheikh Tahnoon stated that David Sachs discussed the development of artificial intelligence, the role of digital currencies, and investment opportunities.
“I explored with David Sacks, a special consultant in artificial intelligence and encryption, the transformational effects of artificial intelligence in various sectors, the role of expansion in digital currencies in reshaping financial systems, and emerging investment opportunities in their rapprochement,” Sheikh Tahnoon He said.
This meeting was held only one week after MGX announced an investment of $ 2 billion in Binance, the world’s largest stock exchange. It is worth noting that MGX has conducted this investment using Stablecoins, which makes it the largest investment treatment based on encryption ever.
Under the leadership of Sheikh Tahinon, MGX appears as a major investor of artificial intelligence with allocations in various sectors of artificial intelligence. according to Wall Street MagazineMGX is expected to receive more than $ 50 billion in the personal assets of Sheikh Tahain and other sources in Abu Dhabi.
In addition, MGX is one of the main supporters of Stargate, a $ 100 billion data center project led by Softbank and Openai, announced at the White House. The box also invested in Openai, Elon Musk’s Xai and Amazon -backed Amazon.
This meeting was part of a broader series of diplomatic connections between the United States and the United Arab Emirates. On March 18, President Trump announced in the field of facts that he hosted Sheikh Tanon for dinner at the White House. They discussed economic and technological cooperation.
“Discussions also included ways for our countries to increase our partnership for the advancement of our economic and technological future,” President Trump I mentioned.
In addition, recent reports have appeared indicating that the Trump family is negotiating a stake in Binance.us. However, CZ, former Binance CEO denied these claims. Meanwhile, World Liberty Financial, the Defi project that is associated with the Trump family, was constantly investing in projects such as Avalanche, Mantle, Sui Blockchain and movement.
Disintegration
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