Sam Altman donates $1M to Trump's inauguration, aligning with tech leaders to foster a cooperative relationship with the new administration.
Altman's announcement comes after both Meta and Amazon announced plans to contribute $1 million to the inauguration.
Donations to President-elect Donald Trump’s inaugural committee offer a “unique opportunity” to curry favor with the White House, experts told CNBC.
OpenAI chief executive Sam Altman will join Meta (META) and Amazon (AMZN) in donating seven-figure checks to President-elect Donald Trump’s inauguration fund, as tech leaders work on improving their relationship with the incoming administration.
Trump has been a vocal critic of tech companies, and he signaled earlier this month that he won't shy away from antitrust enforcement. The incoming president nominated Gail Slater, who advised Trump on tech policy during his first term, to head the Department of Justice's antitrust arm.
Mr. Altman and OpenAI have recently hired key executives who previously worked for the Clinton, Obama and Biden administrations.
Get the latest news on the transition to the new administration of President-elect Donald Trump and a new Congress.
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OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships the incoming administration LOS ...