Mark Zuckerberg Reportedly Buying Property In Washington DC As Meta CEO Looks To Work Closely With Trump

Meta Platforms Inc. META CEO Mark Zuckerberg is reportedly considering purchasing a property in Washington DC as part of his strategy to work closely with President Donald Trump.

What Happened: Zuckerberg has identified a potential property in Washington DC, according to a report by the Financial Times.

This purchase is likely aimed at working more closely with the Trump administration to sway regulations vital to Meta’s $1.7 trillion business, especially in the artificial intelligence sector.

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Recently, Zuckerberg announced plans to invest between $60 billion and $65 billion in AI, including expanding teams and building a large data center.

Despite these plans, Trump’s focus has been on competitors like OpenAI and Oracle, which have recently launched a $500 billion AI venture Stargate.

See Also: Amazon Prime Video Shifts Focus To Live Sports, Looks To Become Profitable By End Of 2025

Why It Matters: Zuckerberg replaced Meta’s global policy chief with Republican ally Joel Kaplan and appointed Dana White to Meta’s board. Additionally, Zuckerberg attended Trump’s inauguration alongside other tech leaders.

Luxury property sales in Washington DC have surged, driven by business executives seeking influence with the Trump administration. Venture capitalist and Trump's AI czar David Sacks recently purchased a $10 million residence in the capital, as reported by Axios.

In January, Zuckerberg met with Trump at Mar-a-Lago, attempting to mend fences after Meta banned Trump’s accounts following the January 6, 2021 Capitol riot.

In March, Trump labeled Facebook “a true Enemy of the People” on Truth Social, accusing the platform of election interference. Despite this, Zuckerberg’s recent moves suggest a strategic pivot to align more closely with Trump’s administration.

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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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