Friday, 7 November, 2025
Altman Clarifies: OpenAI Not Seeking Data Center Bailouts
OpenAI CEO Sam Altman clarified that the company is not seeking US government loan guarantees for its data centers, insisting taxpayers should not "bail out" companies for bad decisions. Altman's statement countered speculation following a CFO's remarks, emphasizing that the market, not the government, should dictate success. The company is, however, exploring $1.4 trillion in infrastructure commitments and projects $20 billion in revenue for 2025.
Read full story at Economic Times