Trump allies gain billions in AI deals as president backs industry

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Trump allies gain billions in AI deals as president backs industry

Trump's family and allies gain billions in AI contracts while the president defends the industry against growing public skepticism.

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President Trump has become a vocal defender of artificial intelligence and data centers this week, even as public support for the technology hits historic lows. Meanwhile, his sons have secured over $620 million in Pentagon contracts for AI-linked defense ventures, and his longtime associate Michael Dell won a nearly $9 billion Pentagon deal.

  • Trump’s sons obtained $620m in Pentagon loans and contracts for AI-focused defense and technology companies over the past year
  • Trump ally Michael Dell secured a Pentagon contract valued at nearly $9bn, reportedly in recent dealings
  • Public support for AI has fallen to some of the lowest levels on record, according to polling data
  • Trump posted multiple strongly pro-AI messages on Truth Social this week, calling AI resistance a ‘sick conspiracy’
  • Trump claimed AI only needs a ‘strong and smart’ president to guide it, rejecting traditional oversight approaches
  • The Trump sons also hold an undisclosed Air Force drone contract alongside their other Pentagon agreements
  • The Marine Corps awarded the Trump family ventures a robotics contract among their recent defense wins
  • It remains unclear whether Trump’s financial ties to AI vendors are directly shaping his administration’s policy positions

Source: according to media reports

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