OpenAI CEO Sam Altman to Donate $1 Million to Trump's Inauguration Fund

17 Sources

Sam Altman, CEO of OpenAI, plans to make a personal $1 million donation to President-elect Donald Trump's inauguration fund, joining other tech giants in an effort to improve relations with the incoming administration.

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OpenAI CEO Pledges $1 Million to Trump's Inauguration

Sam Altman, CEO of OpenAI, has announced plans to make a personal $1 million donation to President-elect Donald Trump's inauguration fund. This move aligns OpenAI with other tech giants who are seeking to improve their relationships with the incoming administration 1.

"President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead," Altman stated 2.

Tech Industry's Overtures to Trump Administration

Altman's donation is part of a broader trend of tech companies and executives making financial contributions and gestures towards the Trump administration. Meta and Amazon have each pledged $1 million to the inaugural fund, while Google's CEO plans to meet with Trump 2.

These actions come as the tech industry anticipates potential regulatory challenges under Trump's second term. The President-elect has appointed Gail Slater as assistant attorney general overseeing the antitrust division of the Department of Justice, signaling a potentially aggressive approach to tech regulation 2.

Shifting Relationships in Tech and Politics

The donations mark a significant shift in the relationships between tech leaders and Trump. Previously, Trump had criticized companies like Amazon and Meta, accusing them of censoring conservative viewpoints 1. However, recent weeks have seen attempts at reconciliation, with Meta CEO Mark Zuckerberg meeting Trump at Mar-a-Lago and Amazon founder Jeff Bezos praising the incoming administration 1.

OpenAI's Political Positioning

OpenAI's donation comes despite the company's recent hiring of executives with ties to Democratic administrations. Chris Lehane, a former Clinton White House lawyer, was named vice president of global affairs, while Aaron Chatterji, who served in the Obama and Biden administrations, was appointed as chief economist 1.

Musk-Altman Rivalry and Political Implications

The donation also occurs against the backdrop of Altman's ongoing legal dispute with Elon Musk, an early OpenAI investor. Musk has sued OpenAI, alleging that the company has strayed from its founding principles 4. Despite this, Altman has expressed confidence that Musk will not use his political influence to disadvantage competitors 4.

Musk, for his part, has been appointed to lead the new Department of Government Efficiency (DOGE), an advisory committee aimed at reducing government spending and regulations 5.

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