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OpenAI has been exposed to have requested a loan guarantee from the White House, contradicting the CEO's public statement.
By: theblockbeats.news|2025/11/08 14:45:53
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BlockBeats News, November 8th, OpenAI's 11-page letter to the White House Office of Science and Technology Policy submitted on October 27th was made public. The letter explicitly requested the government to provide loan guarantees and direct funding to support AI infrastructure development. However, just 10 days later, CEO Sam Altman publicly stated on social media, "OpenAI does not need nor want government guarantees," and emphasized that "taxpayers should not foot the bill for a company's misguided business decisions."
Prior to this, OpenAI CFO Sarah Friar had mentioned at a Wall Street Journal event that federal "guarantees" could lower the financing cost of AI infrastructure, but quickly retracted her statement due to controversy. This incident once again raised questions about Altman's transparency, reminiscent of his brief dismissal in November 2023 for "inconsistent candor." (Decrypt)
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