Sam Altman: OpenAI is not seeking to be "too big to fail," and expects annual revenue to exceed $20 billion, potentially reaching hundreds of billions of dollars by 2030.

OpenAI founder Sam Altman has issued a rare lengthy statement clarifying related news, stating that OpenAI does not seek or expect government guarantees for data centers. He believes governments should not pick winners or use taxpayer money to bail out failing companies. If OpenAI fails, other companies will continue to work. He suggests governments build and own their own AI infrastructure, with revenue going to the government, potentially providing low-cost capital to establish a national reserve of computing power, but for the government's benefit, not private companies. OpenAI projects annualized revenue exceeding $20 billion this year and reaching hundreds of billions of dollars by 2030, with expected investment commitments of approximately $1.4 trillion over the next eight years. Revenue sources will include enterprise products, new consumer devices, robotics, AI scientific discoveries, direct sales of computing power, and potential future equity or debt issuance. OpenAI is not seeking to be "too big to fail," and failure should be left to the market. Furthermore, it hopes for widespread and affordable artificial intelligence. It anticipates huge market demand for this technology and its potential to improve people's lives in many ways.