Sam Altman: OpenAI does not seek government guarantees for data centers, expects revenue to grow to $100 billions by 2030
Foresight News reported that Sam Altman published a lengthy article stating that OpenAI does not seek or wish for government guarantees for data centers, and believes that governments should not pick winners or use taxpayer funds to bail out failing companies. If OpenAI fails, other companies will continue the work. He suggested that governments should build and own AI infrastructure themselves, with the profits belonging to the government, and may provide low-cost capital to establish a national reserve of computing power, but this should be for the benefit of the government rather than private companies.
OpenAI expects its annualized revenue to exceed $20 billions this year and reach several hundred billions of dollars by 2030, with approximately $1.4 trillions in investment commitments anticipated over the next eight years. Revenue sources will include enterprise products, new consumer devices, robotics, AI scientific discoveries, and other categories; direct sales of computing power; and possible future issuance of equity or debt. OpenAI does not seek to be "too big to fail"; if it fails, the market should handle it. In addition, it hopes that artificial intelligence can be widely accessible and affordable. This technology is expected to have enormous market demand and improve people's lives in many ways.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A user lost approximately $1.22 million worth of stablecoins after signing multiple phishing signatures.
Tesla rises 1.8% in pre-market trading as shareholders approve Musk's $1 trillion compensation plan
Virtuals Protocol partners with Zyfai and BasisOS to launch "Agentic Fund of Funds"
