OpenAI CFO Sarah Friar says that her company is not seeking federal loan guarantees after suggesting the opposite in an on-stage interview at a Wall Street Journal event.

Speaking at the WSJ's Tech Live event in Napa, California on Wednesday, the former DoorDash CEO was discussing the challenge of financing the training of leading AI models on the best available chips, which becomes more difficult if they have to replace cutting-edge silicon with new SKUs every few years.

"If the timeline on the chip stays short, that gets harder," said Friar. "And so this is where we're looking for an ecosystem of banks, private equity, maybe even ... the ways governments can come to bear."

"Meaning like a federal subsidy or something?" asked WSJ tech and media editor Sarah Krouse.

Friar replied, "Mea

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