Skip to content
Search

Latest Stories

GZERO AI

AI companies splash the cash around for Trump’s inauguration fund

​U.S. President-elect Donald Trump looks on as he delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024.

U.S. President-elect Donald Trump looks on as he delivers remarks at Mar-a-Lago in Palm Beach, Florida, U.S., December 16, 2024.

REUTERS/Brian Snyder

Sam Altman is a longtime Democratic donor, but now he’s sending $1 million to Donald Trump’s inauguration fund. Altman, the cofounder and CEO of OpenAI, followed Amazon and Meta, which each donated $1 million too. Altman said, “President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead,” Altman wrote in a statement.


The AI search engine Perplexity joined in the donation spree, offering $1 million of its own money to the president-elect. Chief Business Officer Dmitry Shevelenko said he wants the company to “be a good partner to the administration.” Tech companies have made major donations in the past to presidential inaugural committees, but never in such a unanimous way. Plus, it’s a stark difference from 2021, when Joe Biden reportedly did not accept donations from tech companies.

With these donations, tech companies are playing nice with Trump, who has been openly hostile to the industry in the past. Altman and Co. want Trump to know that they’re ready to embrace him if he embraces artificial intelligence. Not only are pricey federal contracts up for grabs, but — most importantly — AI companies desperately want to avoid stringent regulation, even if they sometimes say otherwise.

More For You

What we learned from a week of AI-generated cartoons
Courtesy of ChatGPT
Last week, OpenAI released its GPT-4o image-generation model, which is billed as more responsive to prompts, more capable of accurately rendering text, and better at producing higher-fidelity images than previous AI image generators. Within hours, ChatGPT users flooded social media with cartoons they made using the model in the style of the [...]
The flag of China is displayed on a smartphone with a NVIDIA chip in the background in this photo illustration.

The flag of China is displayed on a smartphone with a NVIDIA chip in the background in this photo illustration.

Jonathan Raa/NurPhoto via Reuters
H3C, one of China’s biggest server makers, has warned about running out of Nvidia H20 chips, the most powerful AI chips Chinese companies can legally purchase under US export controls. [...]
​North Korean leader Kim Jong Un supervises the test of suicide drones with artificial intelligence at an unknown location, in this photo released by North Korea's official Korean Central News Agency on March 27, 2025.

North Korean leader Kim Jong Un supervises the test of suicide drones with artificial intelligence at an unknown location, in this photo released by North Korea's official Korean Central News Agency on March 27, 2025.

KCNA via REUTERS
Hermit Kingdom leader Kim Jong Un has reportedly supervised AI-powered kamikaze drone tests. He told KCNA, the state news agency, that developing unmanned aircraft and AI should be a top priority to modernize North Korea’s armed forces. [...]
The logo for Isomorphic Labs is displayed on a tablet in this illustration.

The logo for Isomorphic Labs is displayed on a tablet in this illustration.

Igor Golovniov/SOPA Images/Sipa USA via Reuters
In 2024, Demis Hassabis won a Nobel Prize in chemistry for his work in predicting protein structures through his company, Isomorphic Labs. The lab, which broke off from Google's DeepMind in 2021, raised $600 million from investors in a new funding round led by Thrive Capital on Monday. The company did not disclose a valuation. [...]