Hold onto your hats, folks! Trump Media and Technology Group is diving headfirst into the world of artificial intelligence with two new trademarks for their beloved Truth Social platform. π€
In a press release that had us all on the edge of our seats, the company confirmed they’ve applied for “Truth Social AI” and “Truth Social AI Search.” We can only imagine the wonders these AI features will bring to the platform, like maybe a “Truth Bot” that can tell you if your post is truly truthful or just a load of hot air. π₯
According to Trump Media CEO Devin Nunes, the AI initiative is all about positioning Truth Social as a source of “reliable information, non-woke news, and entertainment.” Because who doesn’t want their social media platform to be a one-stop-shop for all their truth-seeking needs? π
But let’s not forget that Truth Social is still a tiny fish in a big pond, with only 6.3 million users compared to Facebook’s 3.1 billion monthly active users in 2023. π π³
Despite the rally in stock prices after the AI announcement, Trump Media continues to face financial challenges. The company posted a net loss of $31.7 million in the first quarter of 2025, with most of its income coming from advertising. π
But fear not, dear readers! Trump Media has a plan to turn things around. They’ve raised $2.3 billion through stock sales and convertible notes, and they’re planning to establish a Bitcoin-funded treasury. πΈπ°
And if that’s not enough, they’ve also filed multiple applications with the U.S. Securities and Exchange Commission to launch cryptocurrency exchange-traded funds. Because who doesn’t want to invest in a Truth Social Bitcoin ETF or a “blue chip” crypto ETF featuring altcoins like Solana, Cronos, and XRP? π
So buckle up, folks! The future of Truth Social is looking brighter than ever, thanks to the power of AI and a whole lot of cryptocurrency. ππΈ
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2025-07-17 09:22