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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.
AI companies splash the cash around for Trump’s inauguration fund
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 Bidenreportedly 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.Australia's 'Egg Boy' donates $95k to Christchurch attack victims
SYDNEY (REUTERS) - An Australian teen dubbed "Egg Boy" for cracking an egg on the head of a controversial right-wing lawmaker said he has given almost A$100,000 (S$95,400) donated for his legal expenses to support victims of the Christchurch mosque shootings.
Tycoons playing a critical role in India's elections
MUMBAI • India's tycoons are playing a pivotal role in the Asian giant's most expensive election, from funding campaigns and tacit endorsements to being hot-button issues themselves.
Money, money, money: The tycoon factor in India's election
MUMBAI (AFP) - India's tycoons are playing a pivotal role in the Asian giant's most expensive election ever, from funding campaigns and tacit endorsements to being hot-button issues themselves.