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Openai ceo sam altman says the company has no plans to seek a government backstop for its $1 trillion worth of data center investments, further walking back comments made by the company’s chief. This optimism comes amid reports of significant losses, with openai’s spending on compute. Sam altman, openai ceo, responds to criticism over the company's colossal $1.4 trillion spending plan on ai infrastructure and compute resources
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With critics raising eyebrows at the disparity between the spending and openai's $13 billion annual revenue, altman stands firm, emphasizing the need for bold investments to maintain a competitive edge and secure the future of ai technology. He predicted the company could reach $100 billion in annual revenue by 2027, driven by new products and expanding enterprise adoption Openai ceo sam altman recently said that the company is doing “well more” than $13 billion in annual revenue — and he sounded a little testy when pressed on how it will pay for its massive.
Shares of openai are in demand, altman told investor brad gerstner on.
On thursday afternoon, sam altman, openai’s chief executive, weighed in “we do not have or want government guarantees for openai data centers,” mr Altman posted on social media. Openai faces scrutiny as sam altman defends $1.4 trillion ai spending plans openai ceo sam altman speaks to media following a q&a at the openai data centre in abilene, texas september 23, 2025
— file pic via reuters stay updated on the latest news and insights Subscribe to our newsletter here Altman emphasized that openai’s revenue is “well more” than the $13 billion figure, dismissing questions about financial sustainability as shortsighted
