Sheikh from UAE Obtained 49% Stake in Trump's World Liberty Financial

A UAE Sheikh's acquisition of 49% in Trump's financial firm occurred shortly before the inauguration, revealing potential connections to U.S. AI chip purchases.

A prominent Sheikh from the United Arab Emirates managed to acquire a 49% ownership stake in Trump's World Liberty Financial just days ahead of the presidential inauguration, according to a report by the Wall Street Journal. This strategic move has sparked interest in the UAE's investments in U.S. entities, particularly in the technology sector.

In addition to his financial interests, the Sheikh has been actively pursuing the acquisition of powerful AI chips from the United States for a tech startup he operates. Notably, he was able to secure these advanced chips months after the investment in the financial firm was made, indicating a clear alignment between his financial maneuvers and aspirations in the tech industry.