OpenAI calls for stronger US AI investment to outpace China
Increased AI investment is crucial for the US to remain ahead of China, OpenAI says.
OpenAI has called for increased US investment and supportive regulations to ensure leadership in AI development and prevent China from gaining dominance in the sector. Its ‘Economic Blueprint’ outlines the need for strategic policies around AI resources, including chips, data, and energy.
The document highlights the risk of $175 billion in global funds shifting to China-backed projects if the US fails to attract those investments. OpenAI also proposed stricter export controls on AI models to prevent misuse by adversarial nations and protect national security.
CEO Sam Altman, who contributed $1 million to President-elect Donald Trump’s inaugural fund, seeks stronger ties with the incoming administration, which includes former PayPal executive David Sacks as AI and crypto czar. The company will host an event in Washington DC this month to promote its proposals.
Microsoft-backed OpenAI continues to seek further investment after raising $6.6 billion last year. The startup plans to transform into a for-profit entity to secure additional funding necessary for competing in the expensive AI race.