OpenAI urges US government to offer tax credits for AI

Business Nov 10, 2025

OpenAI is asking the US government to give tax credits for building AI infrastructure, not just computer chips.
In a letter to the White House, they said this move could lower costs and spark more private investment in things like data centers and upgrades to the power grid.

OpenAI's CEO Sam Altman expects to exceed $20 billion

They want existing 35% tax credits (currently just for chip makers) to also cover AI projects, plus faster permits and reserves of key materials like copper.
OpenAI's CEO Sam Altman made it clear they're not looking for government bailouts—just support to help America lead in AI.
He's confident: "OpenAI expects to exceed $20 billion in annualized revenue by the end of 2025."