Trump opposes slowing AI development as family expands tech investments
Donald Trump and his family are actively increasing investments in AI, data centers, and power infrastructure. Financial disclosures reveal nearly 30,000 securities trades since his return to the White House, involving companies such as Dell Technologies, Micron Technology, GE Vernova, Broadcom, Texas Instruments, Credo Technology, and Super Micro Computer. Trump Media & Technology Group is exploring a merger with fusion firm TAE Technologies, while Truth Social has integrated Perplexity-powered search tools and plans to license platform data to AI labs. Additionally, Donald Trump Jr. is a partner at 1789 Capital, which has raised $1.2 billion for digital infrastructure, including investments in Cerebras, Perplexity, and xAI. Eric Trump is also investing in defense and robotics through American Ventures. The White House maintains that these assets are managed by independent trustees via automated accounts, denying any conflict of interest.
Summaries are written by AI from the original article. Not investment advice.