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.

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

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

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.

Mr. Altman and OpenAI have recently hired key executives who previously worked for the Clinton, Obama and Biden administrations.

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,

The Donald Trump-JD Vance inaugural committee is projected to raise more than $150 million, breaking the previous $107 million inauguration fundraising record, set at Trump’s first inauguration. "There is an absolute deluge of interest,

The president-elect is expected to raise more money than ever for his second inauguration. He’s keeping tabs on who’s donating — and who hasn’t