OpenAI, a prominent AI company, has urged the Trump administration to extend the Chips Act tax credit to encompass data centers, aiming to catalyze the company’s plans for constructing critical AI infrastructure.
The request, outlined in a letter from OpenAI’s chief global affairs officer Chris Lehane to the White House’s director of science and technology policy, proposes widening the scope of the Advanced Manufacturing Investment Credit (AMIC) to include AI servers, data centers, and electrical grid components, in addition to semiconductor fabrication.
The AMIC, a 35% tax credit embedded in the Biden administration’s Chips Act, is seen by OpenAI as a means to reduce the cost of capital, mitigate early investment risks, and incentivize private capital flow to expedite AI infrastructure development across the United States.
In addition to tax credit expansion, OpenAI’s letter calls for streamlining the permitting and environmental review procedures for these projects and establishing a strategic reserve of essential raw materials necessary for constructing AI infrastructure.
While OpenAI’s letter was initially disclosed on October 27, it has recently garnered attention following remarks from company executives that sparked discussions about OpenAI’s objectives.
Source: TechCrunch