OpenAI Seeks $1 Trillion Loan Guarantees from U.S. Government

OpenAI has asked the U.S. government to provide loan guarantees to support a large-scale expansion of its computing infrastructure that could ultimately exceed $1 trillion, Barron’s reports.

According to OpenAI’s Chief Financial Officer, Sarah Friar, government-backed guarantees would help the company attract the enormous investment required for AI data centres, especially given the uncertain lifespan of such facilities. State support, she noted, would significantly widen the pool of potential lenders, as many banks and financial institutions are subject to strict limits on high-risk financing.

The request comes amid a surge in spending on AI computing capacity, raising questions over how OpenAI plans to recover these costs. Some estimates suggest the company has already committed around $1 trillion to infrastructure-related deals this year alone.

In the interview, Friar also denied speculation that OpenAI is preparing to go public.

«An IPO is not under consideration at the moment,» she said. «We are focused on scaling the company to the next level, and we don’t want to be constrained by the pressures of a public listing.»