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Inaugural Fund

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Billionaires Rally with $1M Donations to Trump's Inaugural Fund
politics1 year ago

Billionaires Rally with $1M Donations to Trump's Inaugural Fund

OpenAI CEO Sam Altman and Amazon's Jeff Bezos are each donating $1 million to President-elect Donald Trump's inaugural fund, joining other tech leaders like Mark Zuckerberg in supporting the incoming administration. Bezos, who had a contentious relationship with Trump during his first term, is making efforts to mend ties, including blocking The Washington Post from endorsing Kamala Harris. Altman, who has not been publicly criticized by Trump, expressed support for Trump's leadership in advancing AI, as Silicon Valley anticipates a lenient regulatory environment under his administration.

via TechCrunch|
#donald-trump#inaugural-fund#jeff-bezos
Meta's $1M Donation to Trump Fund Sparks Controversy
politics1 year ago

Meta's $1M Donation to Trump Fund Sparks Controversy

Meta has donated $1 million to President-elect Donald Trump's inaugural fund following a meeting between CEO Mark Zuckerberg and Trump at Mar-a-Lago. This donation highlights the complex relationship between Meta and Trump, especially given past tensions, such as Trump's threat to imprison Zuckerberg and Meta's suspension of Trump's accounts after the Capitol riot. The donation comes as Trump's administration will influence policies affecting tech companies, including AI regulation and antitrust enforcement.

via NBC News|
#donation#inaugural-fund#meta
politics1 year ago

Meta's $1M Donation to Trump's Inaugural Fund Sparks Controversy

Meta, the parent company of Facebook and Instagram, has donated $1 million to Donald Trump's inaugural fund, sparking reactions from Elon Musk, who expressed concern over Meta's potential influence in the new administration. This move comes as Meta attempts to mend relations with the Republican party after banning Trump from its platforms in 2021. The donation and Zuckerberg's recent visit to Mar-a-Lago highlight ongoing tensions and strategic positioning among tech giants in the political landscape.

via POLITICO|
#donald-trump#elon-musk#inaugural-fund