OpenAI's Loan Guarantee Request Sparks Debate
Update: 2025-11-06
Description
OpenAIs CFO, Sarah Friar, proposed government backing for their infrastructure loans, aiming for cheaper loans and access to latest chips. However, after backlash, she clarified, stating OpenAI isnt seeking a government backstop. Meanwhile, venture capitalist David Sacks and OpenAI CEO Sam Altman both expressed that governments shouldnt bail out companies, emphasizing the importance of free market principles.
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