OpenAI CEO Sam Altman sent two transfers of $100,000 each to Biden's political committee, the Biden Victory Fund, in mid-June, an FEC report shows.
Small-dollar donations, defined as anything under $200, accounted for $10.2 million in Biden's fundraising for the three-month period that ended June 30, according to the New York Times. That is less than half the $21 million President Barack Obama received over the same period during his 2012 re-election campaign.
Biden remains far more dependent on wealthy donors than the major Republican presidential candidates, with 10 donors delivering more than $500,000 each, while 82 others contributed at least $100,000 each, according to the outlet. President Joe Biden has received $200,000 from OpenAI CEO Sam Altman. The president's re-election effort is receiving disproportionate support from big-dollar donors.
Meanwhile, the various Republican candidates are raking in tens of millions as they report donations for the opening weeks and months of their campaigns.hauled in $20 million in the first six weeks of his campaign, and former President Donald Trump's team reported that the Trump campaign and Save America, his political action committee, together brought in over $35 million between April and June.
"Right now there is no day-to-day competition combat going on," Biden campaign co-chairman Jeffrey Katzenberg told the Times. "So these are the most loyal, most dedicated believers and supporters. It’ll build over time."
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