OpenAI CEO Sam Altman clarified the company’s stance on government involvement and financing, emphasizing that OpenAI is not seeking public guarantees for its data centers. Altman stated that governments should refrain from picking market winners and that taxpayers shouldn’t bail out failing companies, as competition would drive innovation. Amid speculation regarding OpenAI’s substantial infrastructure commitments and potential valuation of up to $1 trillion in an IPO, he discussed the idea of government-owned AI infrastructure as a national computing resource, with benefits flowing to the public sector. Altman projected OpenAI’s revenue run rate to exceed $20 billion by year-end, aiming for hundreds of billions by 2030, alongside a $1.4 trillion infrastructure investment plan. He also addressed concerns over AI safety, distancing the idea of government-backed insurance for private firms. Ultimately, Altman reaffirmed OpenAI’s commitment to building a robust AI-powered economy while maintaining a focus on private market dynamics.
Source link
