United States President Donald Trump is getting into the fusion power business through a $6bn merger of his social media firm and Google-backed TAE Technologies, just days after industry representatives urged federal funding.
The all-stock deal, announced on Thursday, is an ambitious bet on the power boom spurred by artificial intelligence (AI) data centres and adds to the Trump family’s growing roster of diverse ventures from cryptocurrency to real estate holdings and mobile services.
I mean, if it gets more money earmarked for fusion research I can’t really complain.
I can assure you that while billions of dollars will change hands, not one cent of it will go to actual useful research.
If they want to use fusion power for AI, more research is a hard requirement.
What they want to do is scam a bunch of public money and put it into their own pockets. No research required for that.