OpenAI spent $1.76 million on government lobbying in 2024 and $510,000 in the last three months of the year alone, according to a new disclosure filed on January 22—a significant jump from 2023, when the company spent just $260,000 on Capitol Hill.

President Donald Trump talked up a joint venture investing up to $500 billion for infrastructure tied to AI by a new partnership formed by OpenAI, Oracle and SoftBank.

The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.

Sam Altman, the CEO of OpenAI, has announced a shift in his previously critical perspective on President Donald Trump. Newsweek has contacted OpenAI and the White House for comment via email.

WASHINGTON — President Trump unveiled a $500 billion artificial intelligence infrastructure project Tuesday at the White House alongside reps from three tech and investment giants — with those business leaders asserting the initiative could cure cancer.

The ChatGPT maker argues the incoming Trump administration should make massive government investments in AI, arguing it can bring broad economic prosperity.

Trump said the private sector joint venture will build data centers and create more than 100,000 jobs in the United States.

OpenAI CEO Sam Altman is reportedly scheduled to meet with officials from the Trump administration on Jan. 30. OpenAI is preparing to release a new

Altman and Musk founded OpenAI together in 2015, with Musk leaving the then-nonprofit company in 2018 and Altman taking over as CEO in 2019.

OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.

Microsoft on Tuesday said it has changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle and Japan's SoftBank Group to build up to $500 billion of new AI data centers in the United States.

Washington has been awash in speculation as to what exactly this entity will attempt to do in the days following its creation by Trump’s executive order.