What Did Fryer Mean by a 'Backstop'?

After OpenAI’s CFO floated the idea of a U.S. government “backstop” for AI data center investments, backlash was swift — from finance leaders calling it a “pre-bailout bailout” to policy experts warning of regulatory capture. NLW breaks down the controversy, connects it to Nvidia CEO Jensen Huang’s warning that “China will win the AI race,” and explores what these comments reveal about AI’s new geopolitical and political reality.

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