Home Money & Business Business OpenAI’s Altman to contribute $1 million to fund for Trump’s inauguration

OpenAI’s Altman to contribute $1 million to fund for Trump’s inauguration

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OpenAI’s CEO, Sam Altman, has announced his intention to contribute $1 million to the inauguration fund of President-Elect Donald Trump. This donation aligns him with a growing number of technology firms and executives eager to cultivate a collaborative relationship with the incoming administration.

The announcement was confirmed by an OpenAI spokesperson on Friday, shortly after Meta, the parent company of Facebook and Instagram, revealed its own contribution of $1 million to the same fund. Similarly, Amazon has also expressed plans to donate $1 million, reflecting a trend where major tech entities are engaging financially with the administration.

Altman expressed optimism about the future, stating, “President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead.” His statement highlights a focus on innovation and leadership in artificial intelligence during Trump’s presidency.

Additionally, Altman is currently involved in a legal dispute with Elon Musk, yet he has conveyed a nonchalant attitude regarding Musk’s sway over the new administration. Trump has appointed Musk, who is known as the richest person in the world, along with Vivek Ramaswamy, a businessman and former Republican presidential aspirant, to oversee the newly established Department of Government Efficiency, also known as DOGE. This external advisory committee aims to collaborate with governmental officials to streamline spending and regulations.

Earlier this year, Musk, who was once an investor in OpenAI and held a board position, initiated legal action against the organization. He accused OpenAI of straying from its original mission of serving the public interest in favor of profit motives. In recent developments, Musk has intensified this lawsuit, petitioning a federal judge to prevent OpenAI from fully transitioning into a for-profit model.