On Monday, SoftBank CEO Masayoshi Son joined President-elect Donald Trump to announce that his company would invest $100 billion into the US over the next four years. In a press conference at Trump’s Mar-a-Lago residence, Trump also announced that SoftBank’s investment would create, at a minimum, 100,000 American jobs. Trump called it a “historic investment” […]
SoftBank CEO announces a $100 billion investment into the US Read More »
President-elect Donald Trump has surrounded himself with Silicon Valley entrepreneurs — including Elon Musk, Marc Andreessen, and David Sacks — who are now advising him on technology and other issues. When it comes to AI, this crew of technologists is fairly aligned on the need for rapid development and adoption of AI throughout the U.S.
Trump’s Silicon Valley advisers have AI ‘censorship’ in their crosshairs Read More »
OpenAI CEO Sam Altman and Jeff Bezos’ Amazon plan to donate $1 million each to President-elect Donald Trump’s inaugural fund, according to reports from Fox and the Wall Street Journal. TechCrunch has confirmed Altman’s plans to personally commit the money, which is not coming directly from OpenAI. The donations from the billionaires follow plans by
Sam Altman and Jeff Bezos are the latest billionaires to donate $1M to Trump fund Read More »
Meta’s CEO Mark Zuckerberg is pulling off a lobbying-public relations combo move by gifting President-elect Donald Trump’s inaugural fund $1 million, according to the Wall Street Journal. The money came from Meta, to be clear, but Zuckerberg sweetened the gift further — while doing great marketing — by sending Trump a pair of Meta’s smart
About a “dozen Musk allies” have put a pin in their daily routines to serve as unofficial advisers to the Trump transition effort, says the New York Times. Among them, reports the outlet: Jared Birchall, the head of Elon Musk’s family office, has interviewed a few candidates for jobs at the State Department; Marc Andreessen
Silicon Valley hitters take over Trump transition team: “a dozen Musk allies” Read More »
Fresh campaign financing data shows that Elon Musk poured more than $260 million into political groups in 2024 that helped Donald Trump win the presidential election and, consequently, secured a position for himself as the co-head of government efficiency, according to the Federal Election Commission. The New York Times reported that Musk and the entities he
Elon Musk donated more than $260 million to elect Donald Trump Read More »
Incoming President Donald Trump has a new crypto and AI “czar”: ex-PayPal COO David Sacks. Trump announced Sacks’ appointment Thursday in a post on Truth Social, Trump’s social networking platform. “[Sacks] will work on a legal framework so the Crypto [sic] industry has the clarity it has been asking for, and can thrive in the
Ex-PayPal COO David Sacks is Trump’s new crypto and AI ‘czar’ Read More »
Incoming president Donald Trump is considering naming an “AI czar” in the White House, Axios reports. Should Trump appoint such a policy person, they’d be charged with helping to coordinate federal regulation and governmental use of AI. Importantly, an AI czar wouldn’t require Senate confirmation, Axios notes — allowing them to get to work on
Trump considers naming an ‘AI czar’ Read More »
Reid Hoffman, co-founder at LinkedIn and Inflection AI, shared his expectations for the incoming Trump administration in an opinion piece for the Financial Times. And while he appears hopeful that President-Elect Donald Trump could clear the way for more competition and faster innovation in the technology industry, Hoffman also expressed concerns around Trump providing certain
Though president-elect Donald Trump has been expected to stop the looming ban on TikTok, his political appointments suggest otherwise. Trump announced on Sunday that he selected Brendan Carr to chair the Federal Communications Commission (FCC), which regulates the internet, news media, and other forms of communication. Carr, whom Trump appointed to the FCC in 2017,
Trump’s FCC pick has said he wants to ban TikTok, challenge Section 230 Read More »
