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Altman Urges Expanded Chips Act for AI Growth

11/8/2025

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Story summary
  • OpenAI Chief Executive Officer Sam Altman urged expanding the Chips Act tax credit to support AI infrastructure and a domestic supply chain.
  • OpenAI Chief Global Affairs Officer Chris Lehane sent a White House letter seeking AI data centers and components in the tax credit.
  • Altman clarified the request is not for federal loan guarantees for OpenAI.
  • U.S. President Donald Trump has dismissed a bailout for AI companies, stating no federal backstop will be provided.