OpenAI’s Altman Donates $1m To Trump Inauguration

OpenAI chief executive Sam Altman is to make a $1 million (£790m) personal donation to the inauguration fund of US president-elect Donald Trump, joining other technology companies and executives who are seeking to establish better relationships with the incoming administration.

The news comes shortly after Facebook and Instagram parent Meta said last week it had donated $1m to the fund. Amazon also plans to donate the same amount.

“President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead,” said Altman in a statement.

Altman is in a legal dispute with entrepreneur Elon Musk, one of OpenAI’s founders, who sued OpenAI earlier this year over allegations that it has moved away from its original mission to benefit humanity.

Image credit: US government

Government relations

Musk, along with entrepreneur Vivek Ramaswamy, were appointed by Trump to lead a new unofficial Department of Government Efficiency initiative to advise government on cuts to spending and regulation.

Altman has said he is “not that worried” about Musk’s influence in the incoming administration.

Amazon founder Jeff Bezos has clashed with Trump in recent years, with Trump criticising reporting in Bezos-owned The Washington Post, but more recently Bezos has praised Trump on social media.

Trump has criticised Meta’s social media platforms for allegedly censoring conservative voices, but following Trump’s re-election Meta chief executive Mark Zuckerberg met with the president-elect at his Mar-a-Lago resort in Florida.

Corporations and big tech firms have traditionally made up a large share of donors to presidential inaugurals, with an exception in 2009, when then-President-elect Barack Obama refused to accept corporate donations. Obama reversed course for his second inaugural in 2013.

Donations

Meta reportedly did not donate to either Biden’s 2021 inaugural or Trump’s 2017 inaugural.

Google donated $285,000 each to Trump’s first inaugural and Biden’s inaugural events, according to Federal Election Commission records.

Microsoft gave $1 million to Obama’s second inaugural, but lowered the amount to $500,000 for Trump in 2017 and Biden in 2021.

Matthew Broersma

Matt Broersma is a long standing tech freelance, who has worked for Ziff-Davis, ZDnet and other leading publications

Recent Posts

TSMC Begins 4nm Chip Production In Arizona

TSMC begins production of advanced 4nm chips at Arizona plant as US seeks to bring…

13 hours ago

China Chip Imports Surge Ahead Of New Export Controls

China's semiconductor imports grow by double-digits in 2024 ahead of new US export controls that…

13 hours ago

US Rules Divide World To Conquer China’s AI

New US export controls divide world into three tiers as outgoing administration seeks to cut…

14 hours ago

Apple Board Advises Against Plan To End Diversity Programmes

Apple board advises investors to vote against shareholder proposal to end diversity programmes as Meta,…

14 hours ago

Technology Secretary Calls Online Safety Act ‘Unsatisfactory’

Technology secretary Peter Kyle admits Online Safety Act falls short on protection from social harm,…

15 hours ago

Blue Origin Aborts Test Flight Minutes Before Launch

Jeff Bezos' Blue Origin cancels New Glenn certification flight at last minute due to unspecified…

22 hours ago