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Reading: Sam Altman claps again at Senate inquiry into Trump inaugural fund donation
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The Wall Street Publication > Blog > World > Sam Altman claps again at Senate inquiry into Trump inaugural fund donation
World

Sam Altman claps again at Senate inquiry into Trump inaugural fund donation

Editorial Board Published January 17, 2025
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Sam Altman claps again at Senate inquiry into Trump inaugural fund donation
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OpenAI CEO and co-founder Sam Altman clapped again at two Democratic senators’ inquiry into his $1 million private donation to President-elect Trump’s inaugural fund, quipping Friday he was not topic to the identical scrutiny for his previous donations to Democrats.

“[F]unny, they never sent me one of these for contributing to democrats…” Altman wrote Friday on social platform X, including “it was a personal contribution as you state; i am confused about the questions given that my company did not make a decision.”

Altman, a longtime Democratic donor, hooked up images of what seems to be a letter he obtained Friday from Sens. Elizabeth Warren (D-Mass.) and Michael Bennet (D-Colo.), who pressed the tech CEO on the $1 million donation he made final month to Trump’s inaugural fund.

The Hill reached out to Warren’s and Bennet’s workplaces to substantiate the letter’s particulars.

The senators referenced OpenAI as one of many a number of expertise corporations which have made a “million-dollar gift” to Trump, although the donation got here from Altman’s private funds and never on behalf of the corporate. This differed from different main expertise corporations like Meta, Amazon and Google, which every donated $1 million to Trump’s inaugural fund final month as particular person corporations.

The senators later acknowledged this was Altman’s private donation however listed numerous questions in regards to the firm’s decisionmaking course of, prompting Altman to affirm his firm was not behind the choice.

“In the two months since the election, Big Tech companies including OpenAI have made million-dollar gifts to President-elect Donald Trump’s inaugural fund in what appears to be an effort to influence and sway the actions and policies of the incoming administration,” the senators wrote.

“We are concerned that your company and other Big Tech donors are using your massive contributions to the inaugural fund to cozy up to the incoming Trump administration in an effort to avoid scrutiny, limit regulation, and buy favor,” they wrote.

Warren and Bennet referenced the varied authorized challenges dealing with main expertise corporations, from antitrust lawsuits to allegations of violated privateness. They listed corporations like Amazon, Google and Meta — all of which donated $1 million — and the investigations into these corporations.

“It is critical that federal regulators continue to evenhandedly apply competition, consumer protection, anti-discrimination laws and any other rule or law that applies to your company,” the letter said. “But the industry’s efforts suggest that Big Tech companies are trying to curry favor and skirt the rules.”

The senators requested Altman reply 5 questions by the top of the month in regards to the rationale for his contributions and whether or not OpenAI’s board or shareholders had been knowledgeable about his plans.

The opposite questions characterised Altman’s donation as an organization one, stating, “when and under what circumstances” OpenAI determined to make the contribution, which people throughout the firm performed a job within the resolution and whether or not firm officers communicated with Trump’s transition group.

Democrats have fiercely pushed again on the rising dynamics between the tech trade and Trump, who spent years hammering the businesses within the historically deep blue Silicon Valley.  

In his farewell speech this week, President Biden voiced considerations of an “oligarchy … of extreme wealth, power and influence” forming in America. He didn’t immediately identify Trump or his billionaire allies however went on to name out expertise corporations like Meta for ending its fact-checking program amid the specter of misinformation and disinformation.  

Sen. Chris Murphy (D-Conn.) quipped the “billionaires are in charge.”  

“People who want to addict our kids to their technology, control what we think and do, destroy small businesses so they own everything,” he wrote on X this week. “That’s what you will see on Monday.”  

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