US EditionOpenAI Seeks Government Backing to Boost AI Investments
OpenAI seeks government-backed loan guarantees to reduce financing costs and secure access to advanced chips for its $1.4 trillion AI data center expansion, CEO and CFO said.
- On Wednesday, OpenAI CFO Sarah Friar asked the US government to `backstop` infrastructure loans amid $1.4 trillion in data-center commitments this year.
- A government backstop, she explained, would make loans cheaper and increase loan-to-value, enabling continuous access to the latest chips rather than older processors.
- OpenAI CEO Sam Altman wrote Thursday that the company has no plans to seek a government backstop for its data centers, highlighting a $20 billion annual revenue run rate.
- Trump's AI Czar David Sacks on November 6, 2025, wrote `There will be no federal bailout for AI`, arguing taxpayers should not rescue companies that make poor decisions.
- Investors sold AI-related stocks this week, with Nvidia falling more than 7% and wiping out over $400 billion as the Nasdaq 100 faces its worst week since April.
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Conservative Review
The BlazeTrump tech czar slams OpenAI scheme for federal 'backstop' on spending — forcing Sam Altman to backtrack
OpenAI is under the spotlight after seemingly asking for the federal government to provide guarantees and loans for its investments.Now, as the company is walking back its statements, a recent OpenAI letter has resurfaced that may prove it is talking in circles.'We're always being brought in by the White House ...'The artificial intelligence company is predominantly known for its free and paid versions of ChatGPT. Microsoft is its key investor, …
OpenAI discussed government loan guarantees for chip plants, not data centers, Altman says
(Reuters) -OpenAI has spoken with the U.S. government about the possibility of federal loan guarantees to spur construction of chip factories in the U.S., but has not sought U.S. government guarantees for building its data centers, CEO Sam Altman said on Thursday.
OpenAI's Sam Altman backtracks on CFO's government 'backstop' talk
OpenAI CEO Sam Altman says the company has no plans to seek a government backstop for its $1 trillion worth of data center investments, further walking back comments made by the company’s chief financial officer this week that some interpreted as indicating the company would seek one
Sam Altman encourages governments to invest in AI, while reassuring the financial strength of OpenAI The boss of OpenAI called on governments around the world to build their "
Fox Host Warns the ‘Damage Is Done’ After OpenAI Suggested Government Backing
Fox Business host Charles Payne discussed OpenAI’s CFO reportedly saying this week that the company would like a “government backstop” and argued that the “damage is done” despite the company trying to walk back that statement. Fears of an AI bubble have plagued Wall Street for months as stocks have reached record highs, despite AI revenue lagging far behind soaring stock prices. Payne noted that recent developments are “scaring a whole lot of f…
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