US EditionOpenAI's Altman urges US to expand Chips Act tax credit for AI growth
OpenAI urges expanding the 35% Advanced Manufacturing Investment Credit to cover AI infrastructure, aiming to reduce costs and speed up AI data center and server development.
- Sam Altman urged the US to expand eligibility for a Chips Act tax credit to include AI server production, AI data centers and grid components.
- OpenAI has asked the US government about the possibility of federal loan guarantees to spur construction of chip factories in the US, but not data centers.
- OpenAI has committed to spend $1.4 trillion building computational resources over the next eight years.
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Chips Act is legislation aimed at strengthening the semiconductor sector in the United States through subsidies to domestic manufacturers
OpenAI's Altman urges US to expand Chips Act tax credit for AI growth
OpenAI CEO Sam Altman on Friday doubled down on the company's ask for the U.S. to expand eligibility for a Chips Act tax credit, as the country accelerates efforts to secure its position as a global leader in artificial intelligence.
OpenAI CEO Sam Altman on Friday doubled down on the company's request that the U.S. extend eligibility for a tax credit under the Chip Act as the country accelerates efforts to secure its position as a global leader in artificial intelligence. Altman's comment follows an Oct. 27 letter from OpenAI's director of global affairs, Chris Lehane, to the White House's director of science and technology policy, Michael Kratsios, requesting an extension …
The founder of the start-up, Sam Altman, denied seeking guarantees from the state for its investments in data centers and sought to reassure on its 1,400 billion commitments.
TechCrunch
New Movies & TV Shows, Trailers & ReviewsOpenAI asked Trump administration to expand Chips Act tax credit to cover data centers
A recent letter from OpenAI reveals more details about how the company is hoping the federal government can support the company's ambitious plans for data center construction.
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