OpenAI CEO Sam Altman has become the latest tech billionaire to signal allegiance to Donald Trump by pledging to donate to the president-elect's inaugural fund.

Mr. Altman and OpenAI have recently hired key executives who previously worked for the Clinton, Obama and Biden administrations.

OpenAI’s top executive and AI search startup Perplexity are each donating $1 million to President-elect Donald Trump’s inaugural fund, a sign that artificial intelligence companies are trying to firm up relationships with the incoming administration.

Altman's announcement comes after both Meta and Amazon announced plans to contribute $1 million to the inauguration.

Get the latest news on the transition to the new administration of President-elect Donald Trump and a new Congress.

President-elect Donald Trump could be the "president of this AI generation" as he will take office at a time when critical infrastructure to developing artificial general intelligence (AGI) is built out,

Trump has been a vocal critic of tech companies, and he signaled earlier this month that he won't shy away from antitrust enforcement. The incoming president nominated Gail Slater, who advised Trump on tech policy during his first term, to head the Department of Justice's antitrust arm.

OpenAI CFO Sarah Friar described Donald Trump as the "president of this AI generation," expressed confidence in Elon Musk as a competitor, and highlighted the company's focus on responsibly advancing AI tools like its new video generation tool,

Most notably, there’s co-founder Elon Musk, who now runs rival startup xAI, and is in the midst of a heated legal battle with OpenAI CEO Sam Altman.

US President-elect Donald Trump has appointed Indian-American entrepreneur and venture capitalist Sriram Krishnan as the senior White House policy advisor on artificial intelligence (AI).

Hefty donations from tech companies and leaders to President-elect Trump’s inaugural fund are a sign of Silicon Valley’s shifting relationship with the incoming leader after past tensions.

The president-elect’s inaugural fund donors range from CEOs like Sam Altman and Ken Griffin, to Meta, Amazon, Bank of America and Goldman Sachs.