Business and Finance Business and Finance
Thu, February 20, 2025

Trump's Sons Invest In AI Data Centers After He Touts Billions In Industry Expansion


Published on 2025-02-20 11:20:55 - Forbes
  Print publication without navigation

  • Donald Trump Jr. and Eric Trump's venture aligns with their father's AI policy push, positioning them to potentially profit from government-backed industry growth.

The article from MSN discusses how Donald Trump Jr. and Eric Trump, through their company, have invested in a data center project in New York, capitalizing on the growing demand for AI and data storage solutions. This investment comes shortly after former President Donald Trump highlighted the potential for billions in industry expansion in AI during a speech. The Trump Organization's move into AI data centers is seen as a strategic alignment with the tech industry's growth trajectory, especially as AI technologies require vast amounts of data processing capabilities. The project aims to transform an old industrial site into a state-of-the-art data center, reflecting a broader trend where real estate is being repurposed for tech infrastructure. This development not only signifies the Trump family's continued business activities but also underscores the lucrative opportunities in the AI sector.

Read the Full Forbes Article at:
[ https://www.msn.com/en-us/money/other/trump-s-sons-invest-in-ai-data-centers-after-he-touts-billions-in-industry-expansion/ar-AA1zs1zg ]