Sam Altman dispels expectations that OpenAI would seek government bailouts

Source Cryptopolitan

Sam Altman, the CEO of OpenAI, believes governments should not guarantee and bail out AI companies. He added that some governments may consider building AI infrastructure capacity as a precaution and a head start in controlling enough computational capacity. 

The CEO of OpenAI, Sam Altman, said he did not seek government guarantees for the company’s data centers. 

We believe that governments should not pick winners or losers, and that taxpayers should not bail out companies that make bad business decisions or otherwise lose in the market.  If one company fails, other companies will do good work,’ said Altman in a response to recent worries about the viability of AI projects. 

As Cryptopolitan reported earlier, the market fears some of the AI-related firms are fueling their own demand, not reflecting organic user adoption or real needs. 

Governments should not bail out AI companies

Altman pointed out it may make sense for governments to build and own their own strategic AI infrastructure, and even retain earnings from it. Altman believes governments can achieve the task more cheaply, and form a strategic national reserve of computing power. 

Any government data centers should not boost private companies, added Altman in a longer post on X. The comments were a response to the company’s CFO Sarah Friar talking about the case of potential government guarantees or tools for cheaper financing for the AI business. Altman dismissed the call for government involvement and denied any potential for bailouts.

The talk of a bailout has sparked fears that AI may be forming a bubble and may end up causing an even bigger crisis if the companies fail to fulfill their promises.

Sam Altman calls for more AI capacity, domestic supply chains

Altman also suggested the USA may bring back the supply chain of semiconductors to its own territory, avoiding complex purchasing and uncertainty. 

OpenAI aims to finance itself from its revenues, expanding its own compute capacity and selling some of it to third parties. The company expects $20B in revenues for 2025, and up to $1.4T in commitments in the coming decade. 

Altman does not believe any AI company should be bailed out, or turn OpenAI into a too-big-to-fail entity. Instead, he expects AI companies to expand or fail on their own merit. 

He still believes in speeding up the building of data centers, even at the risk of over-capacity, to anticipate bigger demand for AI usage. 

As of October 2025, ChatGPT reports 800M weekly active users, achieving this result in just 35 months. Around 19% of users are from the USA, and 7.9% from India.

The platform expects to reach 1B total users onboarded by the end of the year. ChatGPT also remains the most widely used AI assistant, retaining its market share against other apps.

Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin ETF Inflows For 2025 Now Outpace 2024, Data ShowsUS Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
Author  Bitcoinist
Jul 16, Wed
US Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
placeholder
On-chain data showed that whales are aggressively accumulating more Bitcoin and EthereumOn-chain data showed that whales are aggressively accumulating more Bitcoin and Ethereum.
Author  Cryptopolitan
Jul 30, Wed
On-chain data showed that whales are aggressively accumulating more Bitcoin and Ethereum.
placeholder
Nvidia becomes biggest single-stock weight in S&P 500 historyNvidia now holds more than 8% of the S&P 500, the largest weight for any one stock in the index since records began in 1981.
Author  Cryptopolitan
Aug 13, Wed
Nvidia now holds more than 8% of the S&P 500, the largest weight for any one stock in the index since records began in 1981.
placeholder
Gold Price Forecast: XAU/USD gains momentum to near $3,650, eyes on US CPI releaseThe Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
Author  FXStreet
Sep 11, Thu
The Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday.
placeholder
Gold edges higher on softer USD; reduced December Fed rate cut bets limit gainsGold (XAU/USD) is trading with a positive bias for the second straight day on Thursday, though it lacks bullish conviction and remains below the $4,000 psychological mark through the Asian session.
Author  FXStreet
18 hours ago
Gold (XAU/USD) is trading with a positive bias for the second straight day on Thursday, though it lacks bullish conviction and remains below the $4,000 psychological mark through the Asian session.
goTop
quote