OpenAI CEO Sam Altman is addressing concerns following CFO Sarah Friar’s comments about seeking potential government backing for the company’s infrastructure loans. At a Wall Street Journal event, Friar suggested a government “backstop” could help reduce financing costs for OpenAI’s extensive $1 trillion data center expansion plans. Her statements drew criticism, including from venture capitalist David Sacks, who claimed there would be “no federal bailout for AI.” In response, Friar clarified on LinkedIn that her comments emphasized the need for collaboration between the private sector and government, without requesting bailouts. Altman echoed this sentiment, asserting that OpenAI does not seek government guarantees and believes in market-driven success. OpenAI anticipates reaching an annual revenue run rate of over $20 billion by year-end and aims for growth to hundreds of billions by 2030. Amid these discussions, the company’s financial stability and future remain focal points within the AI landscape.
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OpenAI’s Sam Altman Addresses Controversy: ‘Governments Should Avoid Choosing Winners and Losers’
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