OpenAI CEO Sam Altman will speak at a Federal Reserve conference on bank regulation next month.
The leader of the key artificial intelligence (AI) firm will join newly confirmed Fed Vice Chair for Supervision Michelle Bowman for a fireside chat at the Integrated Review of the Capital Framework for Large Banks Conference on July 22.
It’s unclear what Altman plans to discuss at the banking conference, which is set to feature mostly banking industry executives and analysts, as well as remarks from Fed Chair Jerome Powell.
Altman has become a key leader in the tech space following the explosive debut of OpenAI’s ChatGPT in 2022.
Like other tech executives, he has sought to develop an amicable relationship with President Trump in his second term, donating $1 million to the president's inaugural fund and attending his inauguration.
Altman's company, alongside SoftBank and Oracle, is a key player in Trump’s Stargate project, which aims to invest more than $500 billion into AI infrastructure over the next four years.
However, his relationship with the administration was complicated by tech billionaire Elon Musk’s prominent role in the White House as the Department of Government Efficiency (DOGE).
Musk and Altman have long had a contentious relationship, with the Tesla CEO suing OpenAI and its CEO over their plans for a for-profit transition. Musk owns his own AI firm, xAI.
But with Musk’s departure from the administration and his very public blowout with the president, he now appears to be largely out of the picture in the White House.
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