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Upon closing, TMTG, currently majority owned by President Trump's revocable trust, will serve as the holding company for Truth Social and TAE, among other entities.

Interview with ABC7 Bay Area News about merger of Truth Social and TAE Nuclear Energy Company #SJSU

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Trump Media to merge with CA nuclear fusion company that wants to power AI in $6B deal

Trump Media strikes $6B merger with fusion energy firm TAE

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Truth Social Parent to Merge With Nuclear Fusion Firm in $6 Billion Deal

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Nuclear Fusion Power 01 Of Global Energy

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There's a "wall of fear-mongering and doomerism" in the AI world right now.

"Worrying about AI today is like worrying about overpopulation on Mars."

Concerns that AI could pose a threat to humanity is "preposterously ridiculous."

Claiming AI poses an existential threat is "such an extreme" and risks "wip[ing] out some of its potential benefits."

"I'm more concerned about... the risks that are here and now [than the existential threat of AI]."

Current AI is "not anywhere close" to posing an existential threat but it could in the future.

AI is the "biggest existential threat" to humanity.

AGI's worst-case scenario would be "lights-out for all of us."

Powerful AI systems "taking control" pose an "existential threat."

AI has a "10 to 25 per cent" chance of destroying humanity.

"The most likely result of building a superhumanly smart AI... is that literally everyone on Earth will die."

Does AI Pose an Existential Threat to Humanity?

Trump Media & Technology Group, the parent company of Truth Social, announced a merger with TAE Technologies in an all-stock transaction valued at more than $6 billion. Shareholders of both companies will each own approximately 50% of the combined entity after the deal closes, which is expected in mid-2026.

Trump Media & Technology Group, the parent company of Truth Social, announced a merger with TAE Technologies in an all-stock transaction valued at more than $6 billion. Shareholders of both companies will each own approximately 50% of the combined entity after the deal closes, which is expected in mid-2026.

The combined company plans to begin construction of the world's first utility-scale fusion power plant in 2026, subject to required approvals. TAE Technologies has built and safely operated five fusion reactors and raised more than $1.5 billion in private capital from investors including Google and Chevron.

The combined company plans to begin construction of the world's first utility-scale fusion power plant in 2026, subject to required approvals. TAE Technologies has built and safely operated five fusion reactors and raised more than $1.5 billion in private capital from investors including Google and Chevron.

Devin Nunes, CEO of Trump Media, and Dr. Michl Binderbauer, CEO of TAE Technologies, will serve as co-CEOs of the merged company. Michael B. Schwab is expected to be named chairman of a planned nine-member board that will include Donald Trump Jr. as a director.

Devin Nunes, CEO of Trump Media, and Dr. Michl Binderbauer, CEO of TAE Technologies, will serve as co-CEOs of the merged company. Michael B. Schwab is expected to be named chairman of a planned nine-member board that will include Donald Trump Jr. as a director.

Trump Media reported sales of $927,900 for the three months ending September 30, down from just over $1.01 million the previous year. The company's losses widened to $54.8 million from $19.2 million in the same quarter of 2024.

Trump Media reported sales of $927,900 for the three months ending September 30, down from just over $1.01 million the previous year. The company's losses widened to $54.8 million from $19.2 million in the same quarter of 2024.

Nuclear fusion technology aims to generate electricity by replicating the process that powers the sun, offering the potential for abundant energy without pollution, radioactive waste or greenhouse gases. Despite decades of research, fusion has yet to provide energy on a commercial scale.

Nuclear fusion technology aims to generate electricity by replicating the process that powers the sun, offering the potential for abundant energy without pollution, radioactive waste or greenhouse gases. Despite decades of research, fusion has yet to provide energy on a commercial scale.

The merger is viewed as addressing energy demands driven by artificial intelligence development, with tech companies seeking power sources for data centers. Trump Media will provide up to $300 million in capital to TAE, including $200 million upon signing the agreement.

The merger is viewed as addressing energy demands driven by artificial intelligence development, with tech companies seeking power sources for data centers. Trump Media will provide up to $300 million in capital to TAE, including $200 million upon signing the agreement.

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Trump Media Merges with TAE in $6B Fusion Energy Deal

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Trump Media Merges with TAE in $6B Fusion Energy Deal

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Trump Media Merges with TAE in $6B Fusion Energy Deal

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