Skip to main content
Cyber Week Sale - Get 40% off Vantage
Published loading...Updated

Sam Altman Says OpenAI Does Not Want a Government Bailout for AI

Sam Altman rejects government loan guarantees for OpenAI's $1.4 trillion data center expansion, citing market fairness and confidence in company growth.

  • On Thursday, Sam Altman, OpenAI CEO, posted on X clarifying, `We do not have or want government guarantees for OpenAI datacenters.`
  • OpenAI CFO Sarah Friar said at a Wall Street Journal event on Wednesday she wanted the US government to `backstop` infrastructure loans, then clarified on LinkedIn that `OpenAI is not seeking a government backstop for our infrastructure commitments.`
  • This year, OpenAI expects to end above $20 billion in annualized revenue run rate and will fund growth through enterprise offerings, consumer devices, robotics, private capital, and internal growth.
  • Trump’s AI Czar David Sacks posted on X on November 6, 2025, that the US has no plans to bail out AI firms, noting at least 5 major frontier model companies, while Altman said loan guarantees were only discussed for US semiconductor fabs.
  • The scale of OpenAI's commitments has raised concerns about an AI bubble as the company plans $1.4 trillion over the next 8 years for data centres and chips despite remaining unprofitable.
Insights by Ground AI
Podcasts & Opinions

17 Articles

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 40% of the sources lean Left, 40% of the sources are Center
40% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Bloomberg broke the news in United States on Thursday, November 6, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal