Sam Altman and Jeff Bezos donate $1M to Trump’s inaugural fund

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OpenAI CEO Sam Altman and Amazon’s Jeff Bezos are stepping up with $1 million each for President-elect Donald Trump’s inauguration fund. TechCrunch confirmed Altman’s personal commitment to the cause, separate from OpenAI’s funds.

Billionaires like Mark Zuckerberg’s Meta are also pitching in, showing support for the incoming administration. The donations will help cover expenses related to the inauguration ceremony in January.

Bezos, who had a rocky past with Trump, is now trying to mend fences. He’s even praised Trump’s political comeback. Altman, on the other hand, sees Trump as a leader in the AI age and wants to back his efforts to keep America competitive globally.

Silicon Valley is looking forward to a lighter touch on AI regulation under Trump, a move they believe is crucial for maintaining the US’s edge. Despite ongoing legal battles with Elon Musk, another Trump ally, Altman remains focused on OpenAI’s future.

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