28 sources·Business

Tech Billionaires Increase Donations to Trump’s Inauguration Fund Amidstrained Relations

Tech executives, including Altman, Bezos, and Zuckerberg, make significant donations to Trump’s inauguration, seeking to ease tensions with the incoming administration.

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Updated: Dec 13th, 2024, 10:33 PM ET

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Leading tech executives are making substantial contributions to President-elect Trump’s inaugural fund. OpenAI’s Sam Altman, Meta and Amazon have each donated $1 million, signaling an effort to improve relations amid the backdrop of past tensions. Trump has previously criticized major tech companies, and these donations come alongside ongoing discussions about policies impacting AI and social media regulation. Executives like Zuckerberg aim to mend ties with Trump, while Bezos plans a meeting with him, reflecting broader attempts by the tech industry to influence Trump's administration on key regulatory issues.

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