Donald Trump will officially take office as President of the United States with a speech in the coming days.Silicon Valley leaders are also preparing for Donald Trump. Tech companies are investing heavily in the new administration and contributing to Trump’s inauguration events.
Apple CEO sets aside $1 million for Trump
Apple CEO Tim Cook personally donated $1 million to the Trump speech. The donation follows several meetings with Trump, including a high-level meeting with Tesla CEO Elon Musk at Mar-a-Lago last month.
This suggests that the previously strained relationship between Trump and other tech giants is likely to improve. Trump frequently targeted Google during his presidential campaign, accusing the search engine of bias and declaring Facebook the enemy.
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Despite these tensions, the CEOs of both Google and Meta, as well as OpenAI’s Sam Altman, said they would give $1 million to Trump’s inauguration. Meta even overhauled its policy team, making Joel Kaplan, who has strong ties to Trump, a senior executive.
These financial investments from tech companies show they understand the value of a strong working relationship with the new administration, despite political disagreements. Important policy decisions are expected, including on regulatory and trade issues.
