OpenAI Does Not "Want Government Guarantees" For Massive AI Data Center Buildout, CEO Altman Says

Reuters
11/07

Nov 6 (Reuters) - ChatGPT parent OpenAI does not "want government guarantees" for its data centers, CEO Sam Altman said on Thursday, while adding that the startup at the heart of the artificial intelligence boom expects to end this year with an annualized revenue run rate above $20 billion.

OpenAI is in the midst of a multi-billion dollar build-out of data center capacity and has entered into deals with chipmakers ranging from Nvidia NVDA.O to AMD AMD.O as it spends heavily to secure the necessary infrastructure to power AI models.

The startup expects its annualized revenue run rate to grow to hundreds of billions by 2030, Altman said in a post on social media platform X. The company is looking at commitments of about $1.4 trillion over the next eight years, he added.

This comes at a crucial time for Wall Street, as investors mull over fears of an AI bubble, questioning the returns on hundreds of billions of dollars in investment on AI expansion.

"If we screw up and can't fix it, we should fail, and other companies will continue on doing good work and servicing customers," he said. "The ecosystem and economy would be fine."

David Sacks, the White House artificial intelligence and crypto czar, said earlier on Thursday that there will be no federal bailout for AI, as U.S. races to cement its position as a global leader in the booming technology.

"Given our vantage point, we feel good about it. But we of course could be wrong, and the market — not the government — will deal with it if we are," Altman said, addressing talks of the federal government not stepping in if the massive build-out of AI infrastructure does not produce desired results.

OpenAI has discussed loan guarantees as a part of scaling up semiconductor fabs in the U.S., Altman said.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10