OpenAI CFO Friar mentioned government backing to attract more capital. (Image: Pexels) Show Quick Read Summary is AI Generated. Newsroom Reviewed

ChatGPT creator OpenAI had issued a clarification on Thursday that the company is not seeking US government loan guarantees to fund its massive infrastructure build-out.

This follows OpenAI CFO Sarah Friar's comments at the Wall Street Journal's business conference, where she said government backing could help attract the huge capital needed for AI computing infrastructure, especially given the uncertainty around how long AI data centers remain viable.

According to Friar, federal loan guarantees would "really drop the cost of the financing," making it easier for OpenAI and its investors to borrow larger sums at lower interest rates.

If a

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