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Sam Altman, CEO of OpenAI, has stated that he does not want the government to bail out the company if it fails. OpenAI CFO Sarah Friar initially suggested the company might seek government backing for its infrastructure loans, which she argued would make financing easier and allow the use of advanced chips. However, Friar later clarified that OpenAI is not seeking a government backstop. Meanwhile, U.S. AI czar David Sacks has dismissed the idea of a federal bailout for AI companies, claiming that the U.S. has enough major AI firms to ensure market resilience. Altman echoed Sacks’ sentiments, emphasizing that OpenAI does not seek government guarantees for its datacenters and believes in market-driven solutions.
Key facts
- Sam Altman, CEO of OpenAI, has stated the company does not want a government bailout if it fails.
- OpenAI CFO Sarah Friar initially suggested the company might seek government backing for its infrastructure loans.
- Friar later clarified that OpenAI is not seeking a government backstop for its infrastructure commitments.
- U.S. AI czar David Sacks has dismissed the idea of a federal bailout for AI companies, claiming the U.S. has enough major AI firms to ensure market resilience.
- Altman echoed Sacks’ sentiments, emphasizing that OpenAI does not seek government guarantees for its datacenters and believes in market-driven solutions.
