Trump Media to Merge with Nuclear Fusion Company that Wants to Power AI

Fusion technology has been seen as a long way off but tech companies view it as a promising way of powering their energy-hungry AI data centers.

Trump Media to Merge with Nuclear Fusion Company that Wants to Power AI
Photo of the download screen for Truth Social app on March 20, 2024, by John Minchillo/AP

Dec. 18, 2025 (AP) – Trump Media & Technology will merge with a fusion power company in an all-stock deal that the companies said Thursday is valued at more than $6 billion.

Devin Nunes, the Republican congressman who resigned in 2021 to become the CEO of Trump Media, will be co-CEO of the new company with TAE Technologies CEO Michl Binderbauer.

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,” with aims to provide the electricity needed for artificial intelligence.

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