OpenAI’s recent letter details plans for federal support in constructing data centers. They advocate expanding the Advanced Manufacturing Investment Credit to cover AI infrastructure, including servers and data centers, lowering investment risks. OpenAI also calls for streamlined permitting and a strategic reserve of raw materials for AI infrastructure.

CEO Sam Altman clarified that OpenAI does not seek government guarantees for data centers. He emphasized the company’s growth projections, expecting to reach over $20 billion in annualized revenue by 2025 and $1.4 trillion in capital commitments over the next eight years. Altman stressed the company’s independence from government bailouts.

Read more at Yahoo Finance: OpenAI asked Trump administration to expand Chips Act tax credit to cover data centers