Sam Altman was on Capitol Hill on June 3, meeting with bipartisan leaders and White House officials. He proposed mandatory risk evaluations for the most powerful AI models, but without pre-approval processes that could hinder development.
OpenAI released a policy paper outlining its regulatory stance: federal testing focused on outcomes, not permissions. The government would check if models are dangerous after they're built, not require approval beforehand. Altman also pitched a sovereign wealth fund to give Americans ownership in AI advancements.
Beyond regulation, Altman addressed data center expansion, highlighting the need for enormous computational infrastructure and electricity. He urged lawmakers to streamline permitting to maintain US leadership in AI.
For investors, the framework suggests a lower regulatory risk premium if Washington adopts OpenAI's approach. Data center and energy sectors could benefit if permitting reform advances.