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Hacker News · AI· pretext·· 9 hours agoSelectedAI score75

OpenAI says it will continue investing in AI data centers despite election pushback

OpenAI will keep investing in AI data centers despite election results

AI guide

OpenAI Chief Financial Officer Sarah Friar stated that the company will continue investing in AI computing infrastructure to meet customer demand, despite widespread voter opposition to data center construction in local elections. According to statistics, 40 out of 41 local ballot measures across 10 U.S. states favored restricting data center development. Friar also revealed that OpenAI is in talks for a new funding round at a $125 million pre-money valuation and continues to move forward with plans for a 2027 IPO.

Why it matters

The report highlights vendors' commitment to expanding computing power amid voter resistance, providing insight into the tension between generative AI infrastructure buildouts and local community pushback.

Source:Hacker News · AI · cnbc.com