technology giant Nvidia and Cisco President Donald Trump has poured millions of dollars into his White House ballroom renovation project, CNBC confirmed Thursday.
with Nvidia apple The companies have committed $25 million to the project, The Washington Post reported. These were among the largest donations on the list, totaling more than $330 million.
“As an American company, our support for the United States is of paramount importance and independent of our business interests,” an Nvidia spokesperson told CNBC. “We are proud to donate to a bipartisan trust that serves all Americans, and we have publicly stated that since the donation was made.”
Amazon, Palantir, ServiceNow, meta platform and microsoft According to the newspaper, he also donated millions of dollars. Microsoft and Meta declined to comment on the report. Cisco confirmed a $5 million donation.
Amazon, Apple, HP Co., Ltd., micronPalantir sales forceServiceNow and Vast Space, which are listed as major donors in the report, did not immediately respond to requests for comment.
The Post reported that donations to the ballroom were routed through a nonprofit trust and donors received a pledge to donate to the “Donald J. Trump Ballroom.”
Lawmakers and experts have repeatedly appealed for donations to the project and asked for information on private donors. Others have also raised concerns about the potential impact these promises could have on policy decisions and federal contract awards.
Technology industry leaders have largely supported President Trump’s pro-business, light approach to antitrust and regulation, with some companies winning hundreds of millions of dollars in contracts through artificial intelligence infrastructure and defense deals during the president’s second term.
Technology leaders such as Meta CEO Mark Zuckerberg and Nvidia CEO Jensen Huang are regulars at state dinners and conferences in Washington, and were the centerpiece at the White House AI Luncheon on September 29th.
As of the end of September, there had been 67 donations of more than $10,000, according to documents obtained by the newspaper.
Read the full Washington Post article here.
