Trump crypto firm backs venture offering AI from restricted Chinese companies
WorldClaw’s platform offers 90 AI models, and Reuters found 43 were built by Chinese firms flagged by the U.S. government.
- On Monday, Reuters reported that World Liberty Financial, a firm backed by President Donald Trump, is collaborating with Hong Kong-based WorldClaw to provide access to Chinese artificial intelligence models flagged by Washington for security risks.
- WorldClaw offers access to 90 AI models, nearly half developed by Chinese technology firms like Alibaba, Baidu, and Z.ai that the U.S. administration identifies as national security threats.
- The Trump family holds a 38% ownership stake in World Liberty, which profits when customers pay for WorldClaw services using USD1 stablecoin, creating potential financial ties to the Chinese AI models.
- White House spokesperson Anna Kelly stated "there are no conflicts of interest" regarding the collaboration, while World Liberty representatives argued the firm operates independently from WorldClaw.
- Experts warn this arrangement creates friction with the administration's stance on Chinese technology, as the Trump family's business benefits from the same technology the U.S. government is attempting to restrict for national security reasons.
54 Articles
54 Articles
Global Market: Trump-backed World Liberty partners with platform offering Chinese AI models
Trump-backed World Liberty Financial is collaborating with Hong Kong-based WorldClaw, which offers access to Chinese and US AI models. The partnership has drawn scrutiny because several Chinese developers face US security restrictions, while the Trump family holds a significant World Liberty stake and benefits financially from its cryptocurrency activities.
Trump-Backed Crypto Firm Partners With Venture Offering Chinese AI Models
World Liberty Financial, a cryptocurrency firm backed by President Donald Trump and his family, is collaborating with Hong Kong-based WorldClaw to provide access to artificial intelligence models developed by Chinese companies, according to the report. The partnership has raised questions because Washington has identified several of the companies involved as national security concerns.WorldClaw offers access to about 90 AI models, nearly half of…
While Washington considers Chinese AI to be a security risk, it makes money in the US president's environment. Through a Hong Kong partner, a platform linked to the Trump family offers models of Chinese tech companies.
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Trump-Backed Crypto Venture Faces Scrutiny Over Partnership Offering Chinese AI Models
A cryptocurrency venture backed by President Donald Trump is working with a Hong Kong-based artificial intelligence company that provides access to AI models developed by several Chinese technology firms that have faced scrutiny from the U.S. government over national security and intellectual property concerns.
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