OpenAI CFO Sarah Friar said late Wednesday that the artificial intelligence startup is not seeking a government backstop for its infrastructure commitments, clarifying previous comments she made on stage during the Wall Street Journal's Tech Live event.

At the event, Friar said OpenAI is looking to create an ecosystem of banks, private equity and a federal "backstop" or "guarantee" that could help the company finance its investments in cutting-edge chips. But in a LinkedIn post late Wednesday, Friar softened her stance.

"I used the word 'backstop' and it muddied the point," Friar wrote. "As the full clip of my answer shows, I was making the point that American strength in technology will come from building real industrial capacity which requires the private sector and government pl

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