'Giving Millions And Kissing The Ring When Trillions Are At Stake Is Nothing,' Says Mark Cuban, Explaining Why Big Tech Supports Trump

Big Tech leaders are again in the spotlight for their substantial financial support of President-elect Donald Trump's inauguration. Mark Cuban has offered his take, explaining on X competitor Bluesky why tech giants like Jeff Bezos, Mark Zuckerberg, Elon Musk, Sundar Pichai and Tim Cook align with Trump.

The AI Power Struggle

Cuban argues this isn't about admiration for Trump but a calculated move in the fierce battle for dominance in artificial intelligence (AI). He calls this competition “the penultimate global power war,” with major players racing to establish their platforms as globally dominant.

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Amazon's Anthropic, Meta's Llama, Google's Gemini, Twitter's Grok and Microsoft and Apple's partnership with ChatGPT compete for the top spot in AI. Cuban stressed that these companies can't afford for Trump to “put his thumb on the scale” with policies favoring one over the others. “Giving millions and kissing the ring when trillions are at stake is nothing,” he said.

Record-Breaking Donations

Trump's inaugural committee has already raised over $200 million – a historic record. Big Tech's contributions are a key part of this total. Amazon, Meta, OpenAI's Sam Altman and Ford have donated $1 million, while Tim Cook contributed another $1 million, emphasizing the inauguration's role as a unifying tradition. However, Apple AAPL has not made a corporate donation.

Retail trading platform Robinhood HOOD has donated $2 million, citing its interest in the administration's policies on regulation and cryptocurrencies.

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Why Trump?

Cuban views this support as a necessity. “Neither Biden nor Trump understands technology,” Cuban said, “but one is transactional, the other was obstinate.” He criticized President Joe Biden for failing to engage with tech leaders, calling it “one of the all-time blunders” and saying he “bears a lot of responsibility for this mess.” This lack of outreach, Cuban claimed, pushed tech giants into Trump's camp.

While Cuban acknowledged there are “things to despise (and admire)” about these companies, he added that “it's in the interest of national security and our economy for the dominant AI companies to be American.”

A Survival Game

Cuban compared this competition to Survivor, with companies scrambling to avoid becoming irrelevant like IBM – a former tech titan now considered “an afterthought.” He hoped that antitrust actions might address some of the industry’s more problematic practices.

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