OpenAI explicitly requested federal loan guarantees for AI infrastructure in an October 27 letter to the White House—which kindly refused the offer.
The 11-page letter, submitted to the Office of Science and Technology Policy, called for expanding tax credits and deploying “grants, cost-sharing agreements, loans, or loan guarantees to expand industrial base capacity” for AI data centers and grid components. The letter detailed how “direct funding could also help shorten lead times for critical grid components—transformers, HVDC converters, switchgear, and cables—from years to months.”