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

OpenAI CEO Sam Altman is planning to make a $1 million personal donation to President-Elect Donald Trump's inauguration fund, joining a number of tech companies and executives who are working to improve their relationships the incoming administration.

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.

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.

Donations to President-elect Donald Trump’s inaugural committee offer a “unique opportunity” to curry favor with the White House, experts told CNBC.

The latest business trend? Donating $1 million to Donald Trump's inauguration. Business leaders across industries are trying to get on the president-elect's good side ahead of his return to the Oval Office,

Contributors included Big Tech giants Amazon, Meta, and OpenAI, as well as carmakers Ford, General Motors, and Toyota.