The Trump family business has gone full science fiction. Between a proposed military branch dedicated to AI, a $6 billion nuclear fusion merger, and $620 million in Pentagon contracts for AI infrastructure, the Trump Organization and its affiliated ventures are building what amounts to a parallel tech conglomerate, one that happens to benefit enormously from the regulatory environment its patriarch controls. The latest signal came on September 19-20, when President Trump announced plans for an “AI Force,” a new entity modeled after the Space Force and designed to accelerate American AI development. The concept: move fast, skip the red tape, and beat China. Following the money from the West Wing to Wall Street The Trump family’s AI portfolio has grown quietly but substantially. Family-linked ventures have secured $620 million in Pentagon loans earmarked for AI infrastructure projects. Donald Trump Jr. and Eric Trump have used investment vehicles including 1789 Capital and Dominari Holdings to back multiple AI and defense technology companies. The family has also made direct stock purchases in major tech firms. Recent buys include shares of Dell Technologies, Micron Technology, and G...
Donald Trump’s business empire expands into artificial intelligence
3 weeks ago
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