David Sacks
OpenAI CEO Sam Altman Rejects Government Guarantees While Projecting $20 Billion Revenue Run Rate
Nov 07, 2025 09:50 am CST
OpenAI CEO Sam Altman has declared the company doesn't seek government guarantees for data centers while projecting over $20 billion annual revenue run rate by year-end. With $1.4 trillion in commitments planned over eight years and partnerships with Nvidia and AMD, the ChatGPT creator emphasizes market forces should determine success amid growing concerns about AI investment returns.
Trump Administration Approves Nvidia AI Chip Exports to UAE in Major Tech-Diplomacy Deal
Oct 10, 2025 02:11 pm CST
The Trump administration has approved billions in Nvidia AI chip exports to American companies operating in the UAE, implementing a significant bilateral agreement from May 2024. This landmark deal establishes a pattern for US AI diplomacy, requiring dollar-for-dollar Emirati investment in America in exchange for advanced technology access, while strategically positioning US tech companies against Chinese competitors in the lucrative Gulf market.