On November 8, Bloomberg broke the news that OpenAI had dispatched a letter to the White House Office of Science and Technology Policy on October 27. In this letter, OpenAI advocated for an expansion of the tax - credit provisions outlined in the CHIPS Act. Specifically, it called for the extension of the 35% manufacturing investment tax credit, which is currently applicable to semiconductor manufacturing, to also cover AI data centers, AI server manufacturers, and the relevant power infrastructure sectors.

From OpenAI's perspective, this strategic move holds significant potential. It could drive down capital costs, as lower tax burdens mean businesses can allocate more funds to core operations. Moreover, it has the capacity to mitigate early - stage investment risks. When investors face fewer financial uncertainties, they are more likely to commit their capital. This, in turn, can unlock a substantial amount of private capital. With more funds flowing into the industry, infrastructure bottlenecks can be effectively alleviated. Ultimately, all these factors combined can expedite the development of the U.S. AI industry, giving it a competitive edge in the global technological landscape.