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Rizzle
  • 8 hours ago
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00:00OpenAI wants Trump administration help fund $1.4 trillion AI Dream.
00:07OpenAI has massive ambitions — think rebuilding the Internet and power grid — and is now
00:12seeking U.S. government support to fund them.
00:16In a letter to the White House, OpenAI's Chris Lehane urged expanding the Federal Advanced
00:22Manufacturing Investment Credit.
00:24The 35% tax credit from Biden's CHIPS Act could extend beyond chipmaking to AI servers,
00:31data centers, and grid infrastructure.
00:34Lehane wrote that expanding AMIC would lower costs, reduce risk, and attract private investment.
00:40Essentially, help us build faster and cheaper.
00:44The letter urged Washington to fast-track data center permits and create a strategic reserve
00:50of key materials — an AI-era doomsday prepper's pantry.
00:54Originally published October 27th, the letter drew attention this week as OpenAI faced questions
01:01about its government requests.
01:04At a Wall Street Journal event, CFO Sarah Fryer suggested the federal government backstopped
01:10OpenAI's infrastructure loans, raising immediate concerns.
01:15Fryer later walked it back on LinkedIn, admitting she «muddied the point».
01:19CEO Sam Altman clarified, we don't want or have government guarantees for OpenAI data centers.
01:28Altman added that taxpayers shouldn't bail out tech firms making poor business decisions,
01:33a subtle jab at much of Silicon Valley.
01:36Still, OpenAI's ambitions remain massive.
01:40Altman says OpenAI will exceed $20 billion in annualized revenue by 2025, with $1.4 trillion
01:48dollars in commitments.
01:50OpenAI isn't seeking a bailout, just making AI development cheaper.
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