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OpenAI execs reject idea of federal support, say revenue will fund $1.4 trillion compute bill
CNBC Televisionยท2025-11-07 23:00

Financial Concerns & Projections - OpenAI's CFO suggested the US government could guarantee financing for data centers, potentially lowering borrowing costs [1] - The company faces questions about affording the $14 trillion in compute deals it has signed [1] - OpenAI projects $20 billion in revenue this year and expects to grow to hundreds of billions by 2030 [4] Government & Policy - The White House criticized the idea of a government bailout for OpenAI [2] - OpenAI clarified it is not seeking federal guarantees but discussing domestic chip manufacturing with officials [3] - US government is taking a stake in Intel, potentially related to domestic chip manufacturing [3] Strategic Shift & Damage Control - OpenAI scrambled to course correct after the bailout idea faced blowback [2] - CEO Sam Altman clarified they are not asking for federal guarantees [3] - Altman tried to shift focus to revenue projections [4]