OpenAI CEO Sam Altman has issued clarification on the company’s Chief Financial Officer Sarah Friar recent remarks suggesting that the US government guarantee the loans being made to AI companies. Speaking at the Wall Street Journal’s Tech Live event earlier this week, Friar suggested the US government “backstop the guarantee that allows the financing to happen”. She further said that 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. However, Friar’s remarks stirred a controversy, prompting herself and OpenAI CEO Sam Altman to issue clarification. In a long post on X, Sam Altman clarified that the company does not “have or want government guarantees for OpenAI datacent
One sentence that ‘forced’ OpenAI CEO Sam Altman issue a thousand
The Times of India3 hrs ago
59


Deccan Chronicle
Kashmir Life
The Indian Express
The Hindu
India Today NE