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Home›Global Markets›North America›Trump Jr.’s 1789 Capital sees AI and defense bets trip…

Trump Jr.’s 1789 Capital sees AI and defense bets triple in value

The firm, led by Donald Trump Jr. and partner Omeed Malik, has grown quickly since launching, with investments in AI and defense technology said to have multiplied in value within months.

Reported · Written up by our desk · North America

New York Times Business reports that 1789 Capital, a fledgling firm run by Donald Trump Jr. and his partner Omeed Malik, has been cashing in on investments tied to artificial intelligence and defense technology.

According to the outlet, those specific bets have tripled in value over a short period of months, underscoring how quickly the firm has grown.

The reporting frames 1789 Capital’s rise as part of the broader momentum around AI and defense technology investing, with the portfolio gains driving the firm’s rapid progress.

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Sources

NYT BusinessHow Donald Trump Jr.’s 1789 Capital Is Cashing In Without Apology

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