Trump crypto firm backs venture offering AI from restricted Chinese companies
WorldClaw says more than 10,000 users can pay with World Liberty’s USD1 stablecoin to access AI models from Chinese firms flagged by U.S. officials.
- 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.
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67 Articles
Trump crypto firm backs company offering Chinese AI
BOSTON — President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial-intelligence models developed by Chinese companies that the U.S. administration has flagged for national security concerns.
Trump crypto firm backs company that offers Chinese AI
BOSTON — President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial-intelligence models developed by Chinese companies that the U.S. administration has flagged for national security concerns.
Why the Trump-backed crypto venture WLFI distances itself from AI aggregator WorldClaw
WLFI says the AI platform is independent and uses USD1 as a payment rail, but would not say whether it has equity, financing, revenue-sharing or other economic interests in the company.
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.
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