The tech giant instead engaged a firm that is fighting the president’s executive orders, Jenner & Block, in a sign that those firms can still attract clients.

A deal for a state-backed Emirati firm to use a Trump-affiliated digital coin was announced in a panel that included the president’s son and his business partner, who promised, “This is only the beginning.”

The investor is raising money to start and build companies infused with artificial intelligence, then use them to buy more.