Sen. Warren pushes Altman for guarantee OpenAI isn’t seeking government bailout

5 days ago 6

Senator Elizabeth Warren (D-MA) is pushing OpenAI for assurances it won't question a authorities bailout if it doesn't crook a profit. In a missive to CEO Sam Altman, Warren says she is acrophobic that the institution is preparing to autumn backmost "on the classical strategy of privatizing profits and socializing losses" amid soaring spending and increasing fears of an AI bubble popping.

Warren writes that she is disquieted OpenAI "has committed to much than a trillion dollars successful spending contempt not yet turning a profit" and "appears to beryllium seeking authorities assistance should it beryllium incapable to wage its bills." The senator, a ranking subordinate connected the Senate Committe …

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