(Bloomberg) — US Power Secretary Jennifer Granholm signaled she’s open to tech corporations receiving overseas funding to construct knowledge facilities within the US, doubtlessly including a key voice of assist for OpenAI CEO Sam Altman’s effort to line up abroad traders for expensive AI infrastructure initiatives.
“Cash is inexperienced,” Granholm stated at a convention hosted by the Particular Aggressive Research Undertaking on Thursday, in response to a query about whether or not the US authorities cares the place the capital comes from. “So long as there’s some boundaries on them, I feel it’s fantastic.”
Granholm, who attended a White Home roundtable this month with Altman and different executives on AI infrastructure, stated at Thursday’s occasion that any funding offers ought to take into account what sort of entry overseas traders must mental property and be sure that knowledge facilities are constructed within the US.
Altman has been searching for to lift billions in funding from traders within the Center East and different markets to develop the bodily infrastructure wanted to assist the long run growth of synthetic intelligence. He has additionally met with US officers to get them on board with the plan.
Altman and his crew purpose to start out with investments within the US, together with constructing knowledge facilities, rising vitality capability, and increasing semiconductor manufacturing, Bloomberg has reported.
After the White Home assembly this month, OpenAI shared a doc with authorities officers outlining the financial and nationwide safety advantages of constructing huge knowledge facilities in varied US states that might every use as a lot energy as total cities. However vitality executives have stated powering these knowledge facilities can be a problem.
On the convention, Granholm stated the Division of Power has been working intently with giant AI corporations to deal with the rising energy demand from knowledge facilities and create a “concierge service” to assist them get the assist they want.
