Amazon previously donated to Trump’s first inauguration in 2017, but did not contribute to Joe Biden’s 2021 inauguration due to the administration's policy against tech company donations. Trump is offering perks to donors contributing at least $1 million, including event tickets and dinners with key figures. Despite past conflicts with Trump, Bezos has praised his election victory, and Amazon’s stock has risen since the election. The Washington Post, owned by Bezos, refrained from endorsing a candidate in the recent election, a decision seen as an effort to avoid conflict with Trump.
Key takeaways:
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- Amazon and Meta are each donating $1 million to Donald Trump's inaugural fund as he prepares to enter office for a second time.
- Several tech leaders, including Jeff Bezos and Mark Zuckerberg, are engaging with Trump, possibly seeking favorable treatment for their businesses.
- OpenAI CEO Sam Altman supports Trump, citing his potential leadership in technological progress and the age of AI.
- Amazon's stock has increased by 14% since Trump's election victory, and the company is offering significant donations to his inaugural committee.