Shares in Trump Media & Technology Group Corp. (NASDAQ:DJT) rose high on Wednesday.
The media venture led by former President Donald Trump has announced that it has submitted trademark applications for “True Social AI” and “True Social AI Search” as part of its plan to add AI-powered tools to the True Social Platform.
Trump Media CEO and Chairman Devin Nunes said the new feature aims to enhance the usefulness and scope of true social by integrating artificial intelligence directly into the app.
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AI tools will be available on iOS, Android and web versions of the platform.
Nunes said this represents a “big push” in building an ecosystem of “non-alarm” news and entertainment sources about true social.
True social AI is not a recent innovation in the company.
Trump Media is also moving into the cryptocurrency investment sector.
According to the new SEC filing, the company is preparing to launch a exchange sales fund called the “Crypto Blue Chip ETF.”
The fund will invest in portfolios of well-known cryptocurrencies, including Bitcoin, Ethereum, Solana, XRP, and Chronos. Almost three-quarters of the fund’s assets are concentrated on Bitcoin.
Earlier this week, the company also officially introduced its streaming service Truth+ to its global audience.
The service, which began beta testing in late June, will continue to receive updates as Trump Media tweaks its platform and collects user feedback.
These developments demonstrate the broader strategy of companies to diversify their presence across social media, streaming, AI and digital assets, aiming to serve a politically aligned user base with all-in-one content and a financial hub.
Price Action: DJT shares are trading at $18.32, up 2.12% on Wednesday’s check.
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