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New York Post
10-06-2025
- Business
- New York Post
OpenAI's Sam Altman privately meets with NYC business moguls, touts AI's power to boost economy
OpenAI boss Sam Altman met with New York City business leaders at a closed-door event on Tuesday — and talked up artificial intelligence's potential to jumpstart the city's economy, The Post has learned. Altman, whose firm recently secured a $300 billion valuation, was interviewed by Hearst CEO Steven Swartz for about 45 minutes at the fireside-chat style event and laid out his view about how AI would rapidly progress over the next three years, sources told The Post. The high-profile guest list at the event, which was hosted by the Partnership for New York City, included billionaire KKR cofounder Henry Kravis, Tishman Speyer CEO Rob Speyer, Related Companies CEO Jeff Blau and PFNYC boss Kathy Wylde, the sources said. Advertisement 3 OpenAI's Sam Altman touted AI's potential for the NYC economy. Getty Images When reached for comment, the Partnership for New York City confirmed that 100 of its members were in attendance to hear Altman. '[Altman] projects that New York will see enormous economic benefits from leading in AI, so long as the state continues to embrace the rapidly changing AI sector and does not seek to over-regulate it,' the organization said in a statement. 'He described the importance of educating students and the workforce on how to use AI tools to enhance their own performance and take advantage of the improvements in quality of life that AI can help them achieve,' the statement added. Advertisement OpenAI's chief economist Ronnie Chatterji was also on hand and gave a presentation on AI's potential to boost productivity in the workforce. OpenAI did not immediately return a request for comment. Alongside Altman's speech, OpenAI also shared an economic report on its business ties to New York while touting the city's potential to 'become a global capital of the Intelligence Age, with artificial intelligence generating significant revenue, jobs and growth.' Advertisement 3 OpenAI Sam Altman warned against over-regulation of the AI sector. REUTERS 'Even in moderate forecasts, economists estimate that AI could raise productivity growth by a few percentage points,' said the report, a copy of which was obtained by The Post. 'If the US economy were to grow just 1 percentage point faster every year, compounded over a decade, we'd be nearly $3 trillion richer – more than the annual GDP of New York State,' the report added. OpenAI's report touted high levels of AI adoption in New York. The state ranks second in the country in terms of the number of developers currently building using OpenAI's AI framework, trailing only California, according to the report. Advertisement 3 Partnership for New York City CEO Kathy Wylde was in attendance. Bloomberg via Getty Images The company said it has more employees at its SoHo office than at any other physical location outside of its San Francisco headquarters and has 'room to triple in size' in NYC. New York City also ranks as OpenAI's top market in the world by active enterprise users of its technology, with Morgan Stanley, Bank of New York Mellon, the Icahn School of Medicine at Mount Sinai and Oscar Health among its customers. On a consumer level, New York ranks third in the country behind California and Texas for weekly active users of its ChatGPT chatbot.
Yahoo
27-05-2025
- Business
- Yahoo
Opinion - A false choice is threatening America's lead on AI
Countries that build the most AI infrastructure today will reap the greatest rewards in the coming Intelligence Age. Yet debates about AI investment often wrongly frame it as a binary decision: Build at home or fund projects abroad. That's a false distinction and a losing strategy. To ensure democratic values shape the future of artificial intelligence, countries need to invest in themselves — and in American AI infrastructure. As my boss, OpenAI CEO Sam Altman, wrote last summer, only the U.S. and China have the resources and capacity to shape the future trajectory of AI and determine whether it advances in ways that protect freedom, dignity and human agency or whether it becomes a tool of surveillance and repression. Ensuring that democratic values shape the future of AI is the most urgent challenge of our time, and we need to seize this moment and think big, act big and build big — both here and abroad — to ensure that it prevails over authoritarian AI in the competition over the technology's future. The world is not divided neatly into allies and adversaries. Many countries are navigating complex choices as they evaluate what kind of AI systems — and what kinds of values — they wish to adopt. Supporting these nations is not just about competition. It is about offering a meaningful alternative: a version of AI development that upholds individual rights, resists central control and aligns with the long-standing principles of transparency and fairness embedded in the international system. That system isn't perfect, but reforming it from within is preferable to replacing it with one that lacks basic democratic protections. If the U.S. doesn't engage with countries looking to build AI, autocrats will step in to fill that void — and core freedoms may fall by the wayside. That's why we at OpenAI have launched the Stargate Project, which will invest $500 billion in new AI infrastructure in America. And it's the thinking behind our newest initiative, OpenAI for Countries, which is designed to help U.S. friends and allies build their own AI infrastructure on democratic rails, not on the authoritarian version of the technology. You can see what this vision looks like in practice in our partnership with the United Arab Emirates, the first we've struck in the OpenAI for Countries initiative. The partnership includes dual investments: a 1 gigawatt data center complex in Abu Dhabi, with 200 megawatts expected to go live in 2026, as well as United Arab Emirates investment into Stargate infrastructure in the U.S., which will help create jobs and spur economic opportunity across the country. This builds on the U.S.-UAE AI Acceleration Partnership announced during President Trump's recent visit. As the White House has noted, the UAE has committed to invest in, build or finance U.S. data centers that are at least as large and powerful as those in the UAE. This capital will help fulfill OpenAI's commitment to build more AI infrastructure in the U.S. than anywhere else in the world, because we believe it will establish the necessary foundation for us to export the building blocks of democratic AI everywhere. As part of this effort, the UAE — a close American ally and leader in the global push to develop renewable, economically viable sources of energy — will become the first country in the world to enable ChatGPT nationwide, giving people across the country the ability to access OpenAI's technology. But exporting democratic AI requires more than infrastructure. It requires policy: smart export controls that balance innovation and safety, while aligning nations around rights like free expression and safeguards against surveillance. We're working closely with American officials to ensure our international partnerships meet the highest standards of security and compliance. We've also proposed a tiered framework for access to cutting-edge models. Nations committed to democratic AI principles should receive deep technical collaboration and access to advanced models. 'Swing-state' countries that show progress on safeguarding intellectual property could become eligible for inclusion provided they are adding more powerful safeguards against technology transfer. Authoritarian regimes would be excluded. Moving quickly and creatively will also enshrine core principles like freedom of expression, human dignity, competitive markets and transparency. It will ensure that people — not governments — have the ability to direct and shape how they use AI in their lives. And it will win over the 'swing-state' nations that are considering which version of AI to embrace. The U.S. has historically used commercial diplomacy to open markets, secure alliances and extend American values through exports ranging from agricultural technology and medical devices to aerospace systems and communications infrastructure. AI is the next frontier. With a coordinated approach, the U.S. can turn AI into a tool for strengthening global partnerships and driving shared growth. Ultimately, the greatest challenge to democratic AI isn't autocratic governments abroad but domestic inertia here at home. Red tape slows energy projects. Bureaucracy holds back chip production. Data policy stifles innovation. Countries under centralized control can move much more quickly to build new AI infrastructure. China approved the construction of 10 new nuclear reactors last year alone, with 10 more coming online this year. Stargate is one way forward. I recently visited our first site in Abilene, Texas, where thousands of workers are building the largest AI training center in the country. We've heard from other countries that want to build Stargates of their own to ensure their people can benefit from AI's transformative power. OpenAI for Countries is how we help make that happen. AI has brought the world to a historic crossroads. One path expands access to AI in ways that reflect democratic values and protect fundamental rights. The other leads to a future shaped by governments that reject those principles. This is the time to act — by investing boldly at home and working with partners abroad to build a foundation of democratic AI that empowers people and expands opportunity. Chris Lehane is OpenAI's head of global affairs. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
The Hill
27-05-2025
- Business
- The Hill
A false choice is threatening America's lead on AI
Countries that build the most AI infrastructure today will reap the greatest rewards in the coming Intelligence Age. Yet debates about AI investment often wrongly frame it as a binary decision: Build at home or fund projects abroad. That's a false distinction and a losing strategy. To ensure democratic values shape the future of artificial intelligence, countries need to invest in themselves — and in American AI infrastructure. As my boss, OpenAI CEO Sam Altman, wrote last summer, only the U.S. and China have the resources and capacity to shape the future trajectory of AI and determine whether it advances in ways that protect freedom, dignity and human agency or whether it becomes a tool of surveillance and repression. Ensuring that democratic values shape the future of AI is the most urgent challenge of our time, and we need to seize this moment and think big, act big and build big — both here and abroad — to ensure that it prevails over authoritarian AI in the competition over the technology's future. The world is not divided neatly into allies and adversaries. Many countries are navigating complex choices as they evaluate what kind of AI systems — and what kinds of values — they wish to adopt. Supporting these nations is not just about competition. It is about offering a meaningful alternative: a version of AI development that upholds individual rights, resists central control and aligns with the long-standing principles of transparency and fairness embedded in the international system. That system isn't perfect, but reforming it from within is preferable to replacing it with one that lacks basic democratic protections. If the U.S. doesn't engage with countries looking to build AI, autocrats will step in to fill that void — and core freedoms may fall by the wayside. That's why we at OpenAI have launched the Stargate Project, which will invest $500 billion in new AI infrastructure in America. And it's the thinking behind our newest initiative, OpenAI for Countries, which is designed to help U.S. friends and allies build their own AI infrastructure on democratic rails, not on the authoritarian version of the technology. You can see what this vision looks like in practice in our partnership with the United Arab Emirates, the first we've struck in the OpenAI for Countries initiative. The partnership includes dual investments: a 1 gigawatt data center complex in Abu Dhabi, with 200 megawatts expected to go live in 2026, as well as United Arab Emirates investment into Stargate infrastructure in the U.S., which will help create jobs and spur economic opportunity across the country. This builds on the U.S.-UAE AI Acceleration Partnership announced during President Trump's recent visit. As the White House has noted, the UAE has committed to invest in, build or finance U.S. data centers that are at least as large and powerful as those in the UAE. This capital will help fulfill OpenAI's commitment to build more AI infrastructure in the U.S. than anywhere else in the world, because we believe it will establish the necessary foundation for us to export the building blocks of democratic AI everywhere. As part of this effort, the UAE — a close American ally and leader in the global push to develop renewable, economically viable sources of energy — will become the first country in the world to enable ChatGPT nationwide, giving people across the country the ability to access OpenAI's technology. But exporting democratic AI requires more than infrastructure. It requires policy: smart export controls that balance innovation and safety, while aligning nations around rights like free expression and safeguards against surveillance. We're working closely with American officials to ensure our international partnerships meet the highest standards of security and compliance. We've also proposed a tiered framework for access to cutting-edge models. Nations committed to democratic AI principles should receive deep technical collaboration and access to advanced models. 'Swing-state' countries that show progress on safeguarding intellectual property could become eligible for inclusion provided they are adding more powerful safeguards against technology transfer. Authoritarian regimes would be excluded. Moving quickly and creatively will also enshrine core principles like freedom of expression, human dignity, competitive markets and transparency. It will ensure that people — not governments — have the ability to direct and shape how they use AI in their lives. And it will win over the 'swing-state' nations that are considering which version of AI to embrace. The U.S. has historically used commercial diplomacy to open markets, secure alliances and extend American values through exports ranging from agricultural technology and medical devices to aerospace systems and communications infrastructure. AI is the next frontier. With a coordinated approach, the U.S. can turn AI into a tool for strengthening global partnerships and driving shared growth. Ultimately, the greatest challenge to democratic AI isn't autocratic governments abroad but domestic inertia here at home. Red tape slows energy projects. Bureaucracy holds back chip production. Data policy stifles innovation. Countries under centralized control can move much more quickly to build new AI infrastructure. China approved the construction of 10 new nuclear reactors last year alone, with 10 more coming online this year. Stargate is one way forward. I recently visited our first site in Abilene, Texas, where thousands of workers are building the largest AI training center in the country. We've heard from other countries that want to build Stargates of their own to ensure their people can benefit from AI's transformative power. OpenAI for Countries is how we help make that happen. AI has brought the world to a historic crossroads. One path expands access to AI in ways that reflect democratic values and protect fundamental rights. The other leads to a future shaped by governments that reject those principles. This is the time to act — by investing boldly at home and working with partners abroad to build a foundation of democratic AI that empowers people and expands opportunity. Chris Lehane is OpenAI's head of global affairs.
Time of India
08-05-2025
- Business
- Time of India
OpenAI offers to help countries build AI systems
SAN FRANCISCO: OpenAI on Wednesday announced an initiative to help countries build their own artificial intelligence (AI) infrastructures, with the US government a partner in San Francisco tech firm's move to put its technology at the heart of national AI platforms around the world comes as it faces competition from Chinese rival DeepSeek. DeepSeek's success in delivering powerful AI models at a lower cost has rattled Silicon Valley and multiplied calls for US big tech to protect its dominance of the emerging technology. "It's clear to everyone now that this kind of infrastructure is going to be the backbone of future economic growth and national development," OpenAI said in a blog post. "This is a moment when we need to act to support countries around the world that would prefer to build on democratic AI rails, and provide a clear alternative to authoritarian versions of AI that would deploy it to consolidate power." The OpenAI for Countries initiative was launched under the auspices of a Stargate drive announced by US President Donald Trump to invest up to $500 billion in AI infrastructure in the United States. "We've heard from many countries asking for help in building out similar AI infrastructure," OpenAI said. "In response to these interested governments, OpenAI is offering a new kind of partnership for the Intelligence Age." OpenAI, in "coordination" with the US government, will help countries build datacenters and provide customized versions of its ChatGPT AI tailored for local languages and cultures to improve healthcare, education and public services, according to the tech firm. Projects are to involve "local as well as OpenAI capital". Partner countries would invest in the broader Stargate Project to expand "US-led AI leadership," OpenAI said.
Time of India
08-05-2025
- Business
- Time of India
OpenAI offers to help countries build AI systems
HighlightsOpenAI has launched an initiative to assist countries in developing their own artificial intelligence infrastructure, in collaboration with the United States government. The initiative is a response to requests from various countries seeking to establish AI systems that operate on democratic principles, contrasting with authoritarian alternatives. Partner countries will invest in the broader Stargate Project, which aims to bolster United States leadership in the artificial intelligence sector by providing customized AI solutions for local needs. OpenAI on Wednesday announced an initiative to help countries build their own artificial intelligence (AI) infrastructures, with the US government a partner in projects. The San Francisco tech firm's move to put its technology at the heart of national AI platforms around the world comes as it faces competition from Chinese rival DeepSeek. DeepSeek's success in delivering powerful AI models at a lower cost has rattled Silicon Valley and multiplied calls for US big tech to protect its dominance of the emerging technology. "It's clear to everyone now that this kind of infrastructure is going to be the backbone of future economic growth and national development," OpenAI said in a blog post. "This is a moment when we need to act to support countries around the world that would prefer to build on democratic AI rails, and provide a clear alternative to authoritarian versions of AI that would deploy it to consolidate power." The OpenAI for Countries initiative was launched under the auspices of a Stargate drive announced by US President Donald Trump to invest up to $500 billion in AI infrastructure in the United States. "We've heard from many countries asking for help in building out similar AI infrastructure," OpenAI said. "In response to these interested governments, OpenAI is offering a new kind of partnership for the Intelligence Age." OpenAI, in "coordination" with the US government, will help countries build datacenters and provide customized versions of its ChatGPT AI tailored for local languages and cultures to improve healthcare, education and public services, according to the tech firm. Projects are to involve "local as well as OpenAI capital". Partner countries would invest in the broader Stargate Project to expand "US-led AI leadership," OpenAI said.
