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Forbes Daily Briefing

The Curious Rise Of Silicon Valley’s Trump Whisperer — A Former Biden Donor Pushing A Free-For-All AI Policy

Forbes Daily Briefing

Forbes

Careers, Business, News, Entrepreneurship

4.612 Ratings

🗓️ 15 July 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

Jacob Helberg has never built a successful tech company, or led a major fund. But after rallying support for the TikTok ban bill, the former Democratic fundraiser has become one of Silicon Valley’s conduits to former president Donald Trump. Where did he come from?

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Transcript

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0:00.0

Here is your Forbes Daily Briefing for Monday, July 15th.

0:05.0

Today on Forbes, The Curious Rise of Silicon Valley's Trump Whisperer,

0:10.0

a former Biden donor pushing a free-for-all AI policy.

0:15.8

The Hillen Valley Forum was something of a victory lap for its organizer, Jacob Helberg, the

0:21.0

34-year-old tech executive who rallied bipartisan support for the so-called

0:25.1

Tik-Toc bill that passed Congress in April.

0:28.6

It was a crowning moment heralded with accolades from former President Donald Trump.

0:33.6

In front of a room of leaders from Silicon Valley and D.C.

0:37.0

In a pre-recorded video at the conference in May,

0:39.4

Trump said, quote,

0:41.0

Jacob, I want to thank you.

0:42.8

Our meeting was very productive on AI and all of the ramifications both good and bad.

0:49.6

For a former Democrat who donated to Biden's last presidential campaign and gave 1.5

0:54.4

million dollars to Democrats in the 2020 election according to FEC records.

0:58.6

Trump's endorsement, Captain Uncanny Rise in Republican circles where Helberg touts himself as Silicon Valley's China Hawk.

1:06.0

Now, he's among a coterie of wealthy tech elites lining up to shape tech policy

1:12.0

by helping Trump retake the White House in the November presidential election.

1:16.0

As an advisor to defense contractor Palantier and a friend to its co-founder Peter Teal,

1:22.0

who was an outspoken supporter of Trump in the 2016 election,

1:25.4

Helberg has a lot to say, particularly on AI. And Trump, it appears, is listening.

1:33.0

Helberg has donated more than $1 million to political groups supporting the former president,

1:38.0

according to FEC filings and the investor, and he has committed another one million.

...

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