Donald Trump’s sons enter AI and data centre space: Will their investment gain from US policies?

Donald Trump’s recent push for AI infrastructure and data centre expansion has coincided with his sons, Donald Trump Jr and Eric Trump, investing in a new company called American Data Centres. Their involvement with Dominari Holdings and its late...

AP
US President Donald Trump’s sons are now entering the artificial intelligence and data centre space. Eric Trump and Donald Trump Jr are investing in a new company just a few weeks after their father declared a huge AI infrastructure initiative.

Dominari Holdings Inc confirmed that Donald Trump Jr and Eric Trump have invested in American Data Centres Inc., a newly established business.

The company aims to meet the growing demand for high-performance computing infrastructure, supporting AI, cloud computing and cryptocurrency mining, according to a Forbes report.


This investment follows President Trump’s January pledge of $40 billion in private funding for US-based data centres, alongside a $500 billion AI infrastructure plan.

His administration also introduced an executive order rolling back Joe Biden-era regulations on AI.

The timing of the Trump brothers’ investment has raised questions about potential financial gains stemming from these policy changes.
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Diversification of business interests

The Trump family’s entry into AI and data centres marks a shift from their traditional focus on real estate, hospitality and branding. They have been expanding their presence in the technology sector, including ventures such as Trump Media & Technology Group, which launched Truth Social in 2022, and World Liberty Financial, a decentralised finance platform introduced in 2024.

Reports also suggest the family has explored cryptocurrency investments, with President Trump and First Lady Melania Trump having launched meme coins shortly before returning to the White House.

Despite speculation, neither Trump Jr, Eric Trump, nor Dominari Holdings President Kyle Wool has confirmed whether American Data Centres will receive direct benefits from the administration’s AI policy.

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Market reaction and stock surge

Following news of the Trump brothers' involvement, Dominari Holdings’ stock price more than doubled, rising from $6.16 on February 10 to $11.62 by Wednesday’s market close.

Donald Trump Jr, as quoted in Forbes, linked AI’s rapid development to his father’s ‘America First’ agenda, describing it as an unprecedented technological shift that is reshaping industries. He emphasised the need to integrate AI into the ‘America First’ policy framework.

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However, it remains unclear how much Donald Trump Jr and Eric Trump have invested in American Data Centres and Dominari Holdings.

FAQs

1. What is American Data Centres and why is it significant?
American Data Centres is a newly formed subsidiary of Dominari Holdings, focused on building high-performance computing infrastructure for AI, cloud computing and cryptocurrency mining. Its launch coincides with US President Donald Trump’s major AI investment push.

2. Will American Data Centres benefit from Trump’s AI policies?
It is uncertain whether American Data Centres will gain direct advantages from the administration’s AI initiatives. But the company’s establishment follows Trump’s substantial investment commitments in the sector.
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