OpenAI and Perplexity Each Donate $1 Million to Trump’s Inaugural Fund

OpenAI CEO Sam Altman and AI search startup Perplexity are each contributing $1 million to President-elect Donald Trump’s inaugural fund. These donations come as artificial intelligence companies aim to strengthen their relationship with the incoming administration.

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Altman’s decision marks a notable shift, as he had previously donated to President Joe Biden’s 2024 reelection campaign. Explaining his support for Trump, 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.”

Perplexity is also making strides to align itself with the Trump administration. The company, led by Chief Business Officer Dmitry Shevelenko, not only pledged financial support but also offered Trump’s team free access to its premium software. Shevelenko praised Trump’s vision for technology, particularly his plans to create a fair AI landscape that avoids excessive regulation.

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AI and Tech on Edge as Trump Prepares for Second Term

Trump’s return to office raises both excitement and uncertainty for the tech and AI industries. His party has criticized the Biden administration’s AI policies, calling them overly restrictive. This creates anticipation that Trump’s leadership could lead to changes in how the government regulates artificial intelligence.

Elon Musk, a vocal Trump supporter and the founder of AI startup xAI, is expected to play an influential role in shaping tech policies under the new administration. While some worry Musk might leverage political ties to benefit his businesses, Altman expressed confidence that Musk would not misuse his position to harm competitors like OpenAI.

Big Tech Seeks to Reconnect with Trump

Altman’s donation is part of a broader trend among tech leaders to build stronger ties with Trump. Amazon founder Jeff Bezos and Meta CEO Mark Zuckerberg are reportedly planning meetings with the president-elect. Both have previously clashed with Trump but now seem eager to establish better working relationships.

Amazon and Meta have also pledged $1 million each to Trump’s inaugural fund, signaling their readiness to collaborate with the administration.

Perplexity Looks to Build New Partnerships

For Perplexity, this marks its first engagement with the Trump administration. Shevelenko noted that the company’s focus is on creating a strong relationship from the ground up. “We’re not repairing a damaged relationship; we’re just starting one,” he said.

Trump’s approach to technology, AI, and innovation will play a pivotal role in shaping the industry’s future. As tech leaders and companies position themselves for collaboration, the next four years could redefine the role of artificial intelligence and digital innovation in the U.S. economy.

Also Read: Meta Donates $1 Million to Trump’s Inaugural Fund, Strengthening Ties with Incoming Administration