According to OpenSecrets, many AI companies have significantly increased their lobbying efforts on federal AI issues. In 2023, 458 companies spent on AI lobbying while 648 companies spent on AI lobbying in 2024.
Microsoft (MSFT.O) has announced that it changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (ORCL.N) and Japan’s SoftBank Group (9984.T) to build up to $500 billion of new AI data centers in the United States.
Microsoft has introduced a $5 million AI for Good Open Call grant program in Washington State. Takeaway Points Microsoft has introduced a $5 million AI for Good Open Call grant program in Washington State.
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.
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.
To hear OpenAI tell it, the U.S. can only defeat China on the global stage with the help of artificial intelligence.
The initiative announced by President Donald Trump will aim to "secure American leadership in AI" while also creating jobs and economic benefit.
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.
OpenAI Chief Executive Officer Sam Altman is reportedly set to meet with U.S. government officials in Washington D.C. on Jan. 30 for a closed-door briefing on new technology, possibly “Ph.D.-level super-agents” that do complex human tasks.
The maker of ChatGPT hopes to spur investment from the Middle East and avoid strict regulations on the development of new technologies.
Similar to ChatGPT, the chatbot can perform tasks such as answering questions, drafting content and helping users gather information.