OpenAI Urges US to Extend Chips Act Tax Credit to AI Centers
OpenAI has made a significant request to the U.S. government regarding the Chips Act tax credit. The company is seeking an expansion of this credit to support artificial intelligence infrastructure.
OpenAI’s Proposal for Chips Act Tax Credit Extension
In a recent letter dated October 27, OpenAI’s Chief Global Affairs Officer, Chris Lehane, reached out to Michael Kratsios, Director of the White House Office of Science and Technology Policy. The aim is to revamp the existing tax incentives associated with the Chips Act.
Focus Areas of the Proposal
The proposed changes include the following key areas:
- Extending a 35% tax credit to AI data centers.
- Incorporating AI server manufacturers into the incentives.
- Supporting the production of essential electrical grid components, such as transformers.
- Including specialized steel used in manufacturing these components.
OpenAI believes that these adjustments would help decrease the operational costs related to AI infrastructure. By fostering a favorable financial environment, the startup hopes to stimulate industry-wide advancements in AI development.
Government Support for AI Infrastructure
This initiative highlights the growing importance of AI in the technological landscape. The request aims to enhance government support as the industry anticipates a significant expansion of data centers dedicated to artificial intelligence.
Overall, OpenAI’s proposal will rely on collaboration between the administration and Congress to reshape the current tax credit structure, ultimately benefiting the AI sector in the United States.
