Meanwhile, the US government is still in limbo deadthe grounds of the white house have been busy this week. Construction workers have begun demolition on the white east wing, which will be replaced by a Room Square 90,000-Square It is estimated to hold up to 1,000 guests.
Taxpayers are not funding President Donald Trump’s $250 million project. Instead, he used private donations to build the lavish addition to the White House.
The white house released a List of project funds On Thursday, it included some of America’s most influential tech companies Amazon, Apple, Meta, and Microsoft, as well as picky providers like Comcast and T-Mobile. The crypto industry is also represented in the white room donors, with money coming from Coinbase, Ripple, American Tether, and the Winklevoss twins.
It is unclear how much each donor has contributed to the project. But, at least $20 million From Google is part of the new lawsuit settlement via YouTube suspension from Trump’s account after the January 6, 2021, riot. TechCrunch asked Google if the money from the settlement represents the full contribution of the company, but has not yet received an answer.
Silicon Valley’s relationship with Trump has changed for good. While many of the technology industries The beginning refuse Trump, when he first became president in 2016, has passed away to trumpet his second term. Meta, for example, did not contribute For the First Inauaration Fund, but contributed $ 1 million for the second inauguration of the president; Amazon donated $58,000 the first time, but made a donation of $1 million this time.
The donation reflects the larger spirit between Trump and the Tech Industry.
The industry could be more receptive to working with the Trump administration now that many of these major tech companies are facing antitrust litigation. Trump’s stance has been more aggressive in antitrust enforcement than former President Joe Biden’s FTC was in the former FTC chair Lina Khan.
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Trump has also taken more Aggressive opinion For the development of AI than before, it is a financial boon for the companies that provide the technology. In the AI action plan, which was unveiled in July, Trump and the administration outlined a plan to cut red tape and use government funds to support data center construction.