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Sen. Elizabeth Warren (D-Mass.) is pressing the Trump administration for more information about potential plans to “back” major AI companies with taxpayer money. in Letter to David SacksThe “close ties” between President Donald Trump, AI executives and donors “raise concerns that the administration will bail out AI executives and shareholders while leaving taxpayers footing the bill,” wrote the White House Special Advisor on AI and Cryptocurrency, Michael Kratsios, Director of the Office of Science and Technology Policy, and Senator Warren.
Warren, a ranking member of the Senate Banking, Housing, and Urban Affairs Committee, points to a recent interview with OpenAI CFO Sarah Friar, who suggested… The government can “support” The company’s investments in artificial intelligence, before Walk again Statement. However, Warren points out that OpenAI He wrote a letter to Kratsios in October, asking the Trump administration to expand the government-funded Advanced Manufacturing Investment Credit (AMIC) — which is supposed to go toward semiconductor manufacturers — to support the production of AI servers and data centers.
“OpenAI’s actions suggest it may be pursuing a deliberate strategy of getting involved with the federal government.”
Earlier this month, Sachs pushed back on concerns that the government would support AI startups. Saying “There will be no federal bailout for AI.”
But Warren expresses doubts. “While Mr. Altman has claimed that the company is not looking for a ‘bailout,’ OpenAI’s actions suggest that it may be pursuing a deliberate strategy of intertwining itself with the federal government and the broader economy, such that the government has no choice but to meddle with public funds,” Warren wrote. “We’ve seen this before: Take on enough debt, make enough risky bets, and then demand a taxpayer bailout when those bets go south so the economy doesn’t collapse.”
Senators Warren Sachs and Karatsios ask whether the Trump administration has any plans or proposals to provide support to OpenAI and other companies. It’s also seeking information about what kind of government aid the administration plans to give OpenAI and other companies, as well as whether they think AMIC should apply to build AI. Sachs and Cratsios have until December 1, 2025 to respond.