The merged entity will start building the “world’s first utility-scale fusion power plant” next year, the companies claimed.

Deal represents bet on nuclear energy powering artificial intelligence boom

Trump Media and Technology Group announced a merger agreement with fusion power company TAE Technologies valued at more than $6 billion.

TMTG, which owns president’s Truth Social platform, unveils link-up TAE Technologies to respond to AI boom

Trump Media announced Thursday that it's merging with TAE Technologies, a nuclear fusion power company, in a $6 billion all-stock agreement.

Devin Nunes, the former congressman who leads Donald Trump's media and tech businesses, including Truth Social, will become co-CEO after the merger.

Trumps Medienfirma vereinbarte dafür einen Zusammenschluss mit einem Energieunternehmen. Nach Unternehmensangaben wäre es das global erste Fusionskraftwerk in industriellem…

US president’s media empire in $6bn merger with start-up funded by British Government

The company behind President Trump's Truth Social platform makes a surprising move into the energy sector.

The merged entity will start building the “world’s first utility-scale fusion power plant” next year, the companies claimed.

The combined company says it plans to find a site and begin construction next year on the “world’s first utility-scale fusion power plant."

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The all-stock deal comes amid growing energy needs for the tech sector.

TAE Technologies says the strong balance sheet of TMTG will provide the capital needed to bring its first fusion power plant online in the U.S. by 2031.

The so-called merger of equals would make TAE Technologies the first publicly traded fusion energy developer.