1. OpenAI, a leading AI company, is seeking federal government support to expand the Advanced Manufacturing Investment Credit (AMIC) beyond semiconductors. They want it to cover electrical grid components, AI servers, and data centers, as this would lower costs, reduce risks, and accelerate AI development in the US.
2. The company also wants faster permitting and environmental reviews for their projects and a strategic reserve of raw materials needed for building AI infrastructure.
3. OpenAI's CEO Sam Altman has clarified that they do not seek government guarantees for their datacenters, but they have discussed loan guarantees to support the buildout of semiconductor factories in the US. The company expects to exceed $20 billion annual revenue by the end of 2025 and grow to hundreds of billions by 2030. They have made $1.4 trillion in capital commitments for the next eight years.