Overview
- OpenAI CFO Sarah Friar clarified that the company is not seeking a U.S. government backstop after earlier remarks about potential federal guarantees to lower borrowing costs.
- CEO Sam Altman said OpenAI does not want government guarantees for its datacenters, adding that taxpayers should not bail out companies and that failure would be a market outcome.
- Altman said OpenAI expects to exceed a $20 billion annualized revenue run rate this year and aims for hundreds of billions by 2030, while looking at roughly $1.4 trillion in multi‑year infrastructure commitments.
- White House adviser David Sacks said there will be no federal bailout for AI companies, while signaling a push to ease permitting and expand power generation for data centers.
- Analysts and industry leaders warn that vendor financing, short chip lifecycles, and tight power and data‑center capacity pose execution and return risks, with Microsoft flagging power and ‘warm shells’ as the main bottleneck.