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OpenAI’s letter to the Trump administration urges the expansion of the Advanced Manufacturing Investment Credit to include AI data centers and related infrastructure. The company seeks to lower investment costs and accelerate AI development in the U.S. while clarifying it does not want government guarantees for its projects.
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OpenAI is pushing the federal government to expand the Advanced Manufacturing Investment Credit (AMIC) to include support for AI data centers and related infrastructure. In a letter addressed to Michael Kratsios, director of science and technology policy at the White House, OpenAI's chief global affairs officer Chris Lehane argued that extending the 35% tax credit beyond semiconductor manufacturing would help reduce capital costs and encourage private investment in AI infrastructure. Lehane emphasized that broadening the AMIC could help alleviate bottlenecks in AI development in the U.S.
The letter, initially published on October 27, gained attention after comments from OpenAI executives. CFO Sarah Friar suggested the government should backstop infrastructure loans but later clarified that OpenAI does not seek such guarantees. CEO Sam Altman reinforced this point, stating that OpenAI does not want government bailouts for its data centers. He mentioned that while the company is discussing loan guarantees for semiconductor fabrication, it expects to achieve over $20 billion in annual revenue by the end of 2025, with projections of reaching hundreds of billions by 2030. Altman also highlighted substantial capital commitments totaling $1.4 trillion over the next eight years.
OpenAI is also advocating for quicker permitting and environmental reviews for its projects and the establishment of a strategic reserve of essential raw materials, such as copper and rare earth minerals. These steps are seen as necessary to expedite the buildout of AI infrastructure in the U.S.
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