Donald Trump Jr. (left) and Eric Trump gesture outside the Nasdaq building after ringing the opening bell to celebrate the closing of ALT5's $1.5 billion offering and adoption of its $WLFI Treasury Strategy at the Nasdaq Market, in New York on Aug. 13, 2025. BOSTON - U.S. President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial intelligence models developed by Chinese companies the U.S. administration has flagged for national security concerns. WorldClaw, founded earlier this year, offers customers access to a suite of AI models and accepts World Liberty's crypto tokens as payment. The Trump family, through its ownership stake, earns revenue from the use of World Liberty's tokens. A review found that 43 of the 90 models available through WorldClaw's website -- nearly half -- were developed by Alibaba, Baidu, Z.ai and other Chinese technology companies the Trump administration says pose risks to national security and intellectual property. WorldClaw also offers access to dozens of models from U.S. firms such as OpenAI and Anthropic.

Asked about the terms of the deal, including the board seats, the timing and the size of the investment, Mr. Wachsman said, "We made the deal in question because we strongly believe that it was what was best for our company as we continue to grow." Representatives for Sheikh Tahnoon did not immediately respond to a request for comment. The Trump family's business dealings with the Emiratis have blurred the line between government and private enterprise, alarming ethics experts and congressional Democrats. Sheikh Tahnoon, a member of the Emirati royal family, has been a major foreign policy intermediary with the United States for over a decade on matters varying from combating terrorism to sharing advanced computer technology. He runs a sprawling investment empire that includes G42, a technology firm that has become a powerhouse in the booming world of artificial intelligence.