This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Sam Altman claps again at Senate inquiry into Trump inaugural fund donation
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
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
Share
Sam Altman claps again at Senate inquiry into Trump inaugural fund donation
SHARE

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.”  

Supply hyperlink

TAGGED:AltmanClapsdonationfundinauguralinquirySamSenateTrump
Share This Article
Twitter Email Copy Link Print
Previous Article William and Kate Making ready For Loss of life of King Charles: Report William and Kate Making ready For Loss of life of King Charles: Report
Next Article Leland coach Kelly King Jr. steps down after CCS title-winning season, six years with Chargers Leland coach Kelly King Jr. steps down after CCS title-winning season, six years with Chargers

Editor's Pick

JPMorgan unveils its 2025 summer season studying record

JPMorgan unveils its 2025 summer season studying record

JPMorgan Chase Chairman and CEO Jamie Dimon on the significance of management abilities, deregulation coverage, power independence and the Federal…

By Editorial Board 4 Min Read
Girl fights for her brother Jason Corbett’s honor after brutal North Carolina homicide
Girl fights for her brother Jason Corbett’s honor after brutal North Carolina homicide

This story beforehand aired on Feb. 22, 2020. It was up to…

51 Min Read
2025 Summer time Guide Information: Discover your seashore reads right here
2025 Summer time Guide Information: Discover your seashore reads right here

Story first appeared in: Has studying books ever appeared extra important than…

23 Min Read

Oponion

Inflation rises 2.4% in September, above expectations

Inflation rises 2.4% in September, above expectations

Inflation continued to chill in September to the bottom stage…

October 10, 2024

10 Well being Advantages of Soybean for Weight Loss

Be taught the highest 10 well…

November 29, 2024

Kristin Cavallari Names Skilled Athlete Thriller Man

Studying Time: 3 minutes Kristin Cavallari…

April 1, 2025

The Internet Used to be Smaller and Nicer. Let’s Get It Back.

MY FIRST exposure to the internet…

June 3, 2022

Chris Christie: Best Trump advert was ‘Kamala Harris is for they/them’

Former New Jersey Gov. Chris Christie…

November 11, 2024

You Might Also Like

MAGA-branded candidates confront their limits overseas, whilst far-right surges
World

MAGA-branded candidates confront their limits overseas, whilst far-right surges

When high figures in President Donald Trump’s orbit descended on a small city in southeastern Poland this week to rally…

16 Min Read
Paris officers examine vandalism at Holocaust memorial, 3 synagogues
World

Paris officers examine vandalism at Holocaust memorial, 3 synagogues

Authorities in Paris have launched an investigation after a number of Jewish websites throughout the capital have been defaced with…

2 Min Read
U.N. meals vehicles blocked, offloaded by hungry Palestinians in Gaza as Hamas considers U.S.-led ceasefire settlement
World

U.N. meals vehicles blocked, offloaded by hungry Palestinians in Gaza as Hamas considers U.S.-led ceasefire settlement

Dozens of U.N. meals vehicles have been blocked and offloaded by Palestinians within the Gaza Strip as desperation mounts following…

7 Min Read
Iran has elevated its stockpile of close to weapons-grade uranium, nuclear watchdog says
World

Iran has elevated its stockpile of close to weapons-grade uranium, nuclear watchdog says

Iran has additional elevated its stockpile of uranium enriched to close weapons-grade ranges, a confidential report by the United Nations…

8 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?