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Reading: Microsoft contributes $1 million to Trump’s inauguration fund
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StockWaves > Global Markets > Microsoft contributes $1 million to Trump’s inauguration fund
Global Markets

Microsoft contributes $1 million to Trump’s inauguration fund

StockWaves By StockWaves Last updated: January 9, 2025 2 Min Read
Microsoft contributes  million to Trump’s inauguration fund
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President Donald Trump shakes fingers with Microsoft CEO Satya Nadella throughout an American Know-how Council roundtable on the White Home in Washington on June 19, 2017.

Nicholas Kamm | AFP | Getty Pictures

Microsoft mentioned Thursday that it is contributing $1 million to President-elect Donald Trump’s inauguration fund.

The software program maker is now extra carefully aligned with its extremely valued friends within the know-how trade. Google mentioned earlier on Thursday that it is donating $1 million to the Trump fund, and Meta provided the identical quantity in December. Amazon was reportedly seeking to make an analogous contribution.

OpenAI CEO Sam Altman mentioned in December that he would contribute $1 million individually, and Axios reported final week that Apple CEO Tim Prepare dinner will do the identical.

Elon Musk, Tesla’s CEO and the world’s richest individual, has been advising Trump as he prepares to return to the White Home following the inauguration later this month.

Microsoft additionally contributed $500,000 to the primary inauguration fund for Trump’s first time period and gave the identical quantity to President Joe Biden’s fund, a Microsoft spokesperson informed CNBC.

Satya Nadella, Microsoft’s CEO, has met with Trump on a number of events, together with over negotiations surrounding a doable acquisition of TikTok within the U.S. in 2020. Nadella additionally joined a Trump roundtable of know-how executives from across the nation in 2017.

Microsoft is hoping that beneath Trump, the U.S. will push synthetic intelligence coverage in a positive path.

“The US wants a sensible worldwide technique to quickly help American AI around the globe,” Brad Smith, Microsoft’s vice chair and president, wrote in a weblog publish final week.

WATCH: Microsoft to finish 2024 with capital expenditures of at the least $53 billion

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