OpenAI CEO clarifies: We're not asking for government loan guarantees
OpenAI CEO Sam Altman wants everyone to know: the company isn't asking for government loan guarantees to build its data centers.
"Taxpayers should not bail out companies that make bad business decisions," he said, addressing recent comments from OpenAI's CFO about possible government help.
Altman's stance on government loans
There was some buzz after OpenAI's CFO suggested that government-backed loans could make AI infrastructure cheaper.
Altman cleared things up—OpenAI is only talking with the government about supporting US chip manufacturing, not funding its own projects.
He actually supports governments building their own AI infrastructure for public use, but says OpenAI will fund its growth through private money and revenue.
If we screw up, we should fail: Altman
Altman stressed that OpenAI is willing to take big risks with its investments—and if they mess up, they should face the consequences.
He pointed out that having enough computing power is crucial as AI demand grows in research and tech.
For him, it's simple: "If we screw up and cannot fix it, we should fail. That is how capitalism works."