Tag: administration

OpenAI recently shared more insights on their plans for data center construction and how they are seeking support from the federal government. The letter, authored by OpenAI's chief global affairs officer Chris Lehane and directed to the White House's director of science and technology policy Michael Kratsios, advocates for expanding the Advanced Manufacturing Investment Credit (AMIC) to include AI servers, AI data centers, and electrical grid components. The AMIC, a 35% tax credit introduced in the Biden administration's Chips Act, is seen as a crucial tool in lowering the cost of capital, mitigating investment risks, and attracting private funding for accelerating AI infrastructure development in the US, as stated by Lehane. Furthermore, OpenAI's letter urges the government to streamline the permitting and environmental review processes for these projects and establish a strategic reserve of essential raw materials like copper, aluminum, and processed rare earth minerals necessary for constructing AI infrastructure. Although the letter was initially disclosed on October 27, it gained more attention this week following remarks made by OpenAI executives regarding their expectations from the administration. During a Wall Street Journal event, CFO Sarah Friar mentioned the idea of government backing for infrastructure loans, but later clarified on LinkedIn that OpenAI is not seeking such support. CEO Sam Altman also emphasized OpenAI's stance on not relying on government guarantees for their data centers, emphasizing the company's commitment to market principles and self-sufficiency. Techcrunch event San Francisco | October 13-15, 2026 Altman also outlined OpenAI's ambitious revenue targets and capital commitments for the coming years, projecting significant growth and financial milestones by 2030.

Tag: administration

OpenAI asked Trump administration to expand Chips Act tax credit to cover data centers

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