Trump opposes slowing down AI development, family continues to increase AI investment

Donald Trump and his family business are continuing to expand their investments in artificial intelligence, data centers, power infrastructure, and related technology companies. Financial disclosures show that after Trump's return to the White House, his investment accounts have reported nearly 30,000 securities transactions, including buying and selling stocks of chip, server, and energy infrastructure companies such as Dell Technologies, Micron Technology, GE Vernova, Broadcom, Texas Instruments, Credo Technology, and Advanced Micro Devices. It is currently unclear whether Trump still holds these shares, as related transactions do not require real-time disclosure, and Trump has not placed his assets in a blind trust.

Trump Media Technology Group plans to merge with the fusion company TAE Technologies, which intends to build power generation facilities amid the growing demand for electricity in AI data centers. Truth Social also plans to authorize platform data to AI labs through TruthAPI and has launched a search tool supported by technology from Perplexity. Donald Trump Jr. serves as a partner at 1789 Capital, which has completed fundraising for a $1.2 billion fund, focusing on investments in digital infrastructure such as data centers, and has invested in Cerebras, Perplexity, and xAI. Eric Trump, on the other hand, invests in defense, robotics, and AI data processing companies through American Ventures.

The White House denies any conflict of interest, stating that Trump's investments are entirely managed by independent managers, with related assets held in discretionary accounts and automatically replicating indices such as Schwab 1000 through computer models, meaning Trump and his family cannot decide on specific investments and transaction timings.