OpenAI CEO Sam Altman said on Thursday that the company does not seek government guarantees for its data centers, even as it undertakes a massive global expansion to support its artificial intelligence operations. Altman noted that OpenAI expects to close 2025 with an annualized revenue run rate exceeding $20 billion, driven by soaring demand for its AI products.
The company is currently investing billions of dollars to expand data center capacity and has struck major partnerships with Nvidia and AMD to secure high-performance chips essential for training and deploying advanced AI models. Altman added on X (formerly Twitter) that OpenAI aims for hundreds of billions in annualized revenue by 2030, backed by infrastructure commitments of about $1.4 trillion over the next eight years.
Addressing investor concerns over a potential AI bubble, Altman said that if OpenAI’s strategy fails, “the ecosystem and economy would be fine,” emphasizing that the market—not the government—should determine success or failure. His remarks came as U.S. officials reaffirmed there would be no federal bailouts for AI companies.
