Just weeks after their father announced a major push to expand the country’s artificial intelligence infrastructure and loosen regulations on the industry, Donald Trump Jr. and Eric Trump invested in a new company aiming to build data centers “to address the growing demand for high-performance computing infrastructure.”
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Read the full story on Forbes: https://www.forbes.com/sites/zacheverson/2025/02/20/trump-eric-don-jr-ai-american-data-centers-dominari-artifical-intelligence-ethics/
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NewsTranscript
00:00Donald Trump's sons invested in AI data centers right after their dad counted billions of dollars in industry expansion.
00:07In January, President Trump announced $540 billion worth of private sector investment in AI and infrastructure and rolled back AI regulations.
00:18Weeks later, his adult sons Don Jr. and Eric Trump invested an unspecified amount in a company named American Data Centers,
00:26a new firm with plans to support AI, cloud computing, and crypto mining.
00:31The brothers' investments gave them a new avenue to potentially profit from government-backed industry growth.
00:37Now, will Don Jr. and Eric profit directly from President Trump's AI-friendly policies?
00:42We don't know yet, but history suggests it's worth watching.
00:46For more information, visit Forbes.com.