Sam Altman donates $1M to Trump's inauguration, aligning with tech leaders to foster a cooperative relationship with the new administration.

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.

Donations to President-elect Donald Trump’s inaugural committee offer a “unique opportunity” to curry favor with the White House, experts told CNBC.

Altman's announcement comes after both Meta and Amazon announced plans to contribute $1 million to the inauguration.

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.

Get the latest news on the transition to the new administration of President-elect Donald Trump and a new Congress.

OpenAI CEO Sam Altman has become the latest tech billionaire to signal allegiance to Donald Trump by pledging to donate to the president-elect's inaugural fund. An OpenAI spokesperson told ...

WASHINGTON (TNND) — As President-elect Donald Trump prepares for his second term, his approach to technology policy is becoming clearer, with significant implications for major tech companies and the apps used daily by millions.

According to media reports, Amazon, Meta, and OpenAI 's chief Sam Altman have all made donations to the fund in recent days. An inaugural fund is a fundraising effort that supports the inauguration of the new president as well as its related events.

Donald Trump's second inauguration offers wealthy donors and big companies one final chance to make nice before Trump returns to power.

Mr. Altman and OpenAI have recently hired key executives who previously worked for the Clinton, Obama and Biden administrations.