OpenAI CEO Sam Altman on Friday reiterated the company’s call for the U.S. government to expand eligibility under the Advanced Manufacturing Investment Credit (AMIC), part of the Chips Act, to include AI server production, AI data centers, and grid components.

The move comes as the U.S. accelerates efforts to secure its global leadership in artificial intelligence and maintain competitiveness in high-tech manufacturing.

Altman’s remarks follow an October 27 letter from OpenAI Chief Global Affairs Officer Chris Lehane to Michael Kratsios, Director of the White House Office of Science and Technology Policy, in which Lehane formally requested the expansion.

The AMIC is a federal tax incentive designed to stimulate domestic semiconductor production, providing financial support to companies that invest in U.S.-based fabrication facilities and related high-tech infrastructure. Expanding the credit to cover AI hardware could reduce costs and accelerate the deployment of critical AI infrastructure across the country.

In his post on X, Altman emphasized the broader industrial impact of such policies, saying, “We think U.S. re-industrialization across the entire stack — fabs, turbines, transformers, steel, and much more — will help everyone in our industry, and other industries (including us).”

He clarified that the tax credit is “super different than loan guarantees to OpenAI,” noting that while the company has previously discussed federal loan guarantees to spur chip factory construction, no such support has been sought for AI data centers.

OpenAI has committed to investing $1.4 trillion in computational resources over the next eight years to support its AI models, including the widely used ChatGPT. The company’s investment underlines the massive scale of infrastructure required to sustain AI development, particularly as demand for AI services continues to surge. Other leading tech firms have similarly announced plans to expand their data centers and chip development programs, reflecting the rapid growth of AI applications in sectors ranging from enterprise software to generative AI.

However, White House AI and crypto czar David Sacks has made it clear that there will be no federal bailout for AI companies, signaling that any government support would need to operate within existing frameworks like the AMIC. The call for direct federal subsidies for AI comes as the Trump administration dismantles existing tax credit initiatives, especially on green energy, although tax incentives have been touted as key in enabling large-scale private investment in advanced manufacturing.

Thus, expanding the AMIC to AI-related hardware will help to strengthen U.S. competitiveness against countries like China, where governments are actively investing in semiconductor and AI capabilities. OpenAI aims to not only accelerate its own AI deployment but also contribute to the wider U.S. industrial base, fostering economic growth and technological leadership by reducing costs for domestic AI hardware.

This push comes amid a broader national debate on how to ensure that U.S. technological leadership is sustained in the face of global competition. The potential expansion of the AMIC would align AI infrastructure development with broader economic policy objectives, potentially influencing investment decisions across the sector while supporting the government’s stated goal of reinforcing domestic manufacturing.

Tesla CEO Elon Musk has laid out an ambitious vision for the company’s humanoid Optimus robots, predicting they could reshape the global economy and drastically reduce human labor needs — even potentially eliminating poverty.

Speaking at Tesla’s annual shareholder meeting on Thursday, Musk tied the futuristic robot initiative to the ambitious targets behind his recently approved $1 trillion pay package.

Musk painted a picture of a future in which Optimus robots operate continuously, multiplying human productivity many times over.

“There’s a limit to much how much AI can do in terms of enhancing the productivity of humans, but there is not really a limit to AI that is embodied,” he said, emphasizing the potential of physical AI to outperform humans in labor-intensive tasks.

He predicted that each Optimus robot could achieve five times the productivity of a human worker per year, operating 24/7.

While the robots are still in the design stage and Tesla has faced challenges perfecting their dexterity — particularly their hands — Musk outlined a broader economic vision. He suggested that Optimus could help solve societal problems such as poverty and incarceration. Instead of traditional prisons, Musk said robots could “follow you around and stop you from doing crime.” He claimed Optimus could make working optional, envisioning a “benign scenario” in which society enjoys universal high income and access to products and services without traditional labor.

The shareholder meeting underscored the financial stakes tied to this vision. Musk’s historic pay package, approved with more than 75% support, ties payouts to achieving extraordinary corporate milestones, including the sale of one million Optimus robots over the next decade. The compensation structure is intended by Tesla’s board to keep Musk focused on executing his ambitious plans while aligning his financial incentives with shareholder value.

Musk also framed Optimus within a broader narrative of “sustainable abundance,” a central theme in Tesla’s Master Plan Part IV. He argued that AI and robotics are essential to preventing economic crises, suggesting that these technologies could boost the global economy by a factor of 10 or even 100.

“I came to the conclusion that the only way that the only way to get us out of the debt crisis and to prevent America from going bankrupt is AI and robotics,” Musk said.

In Musk’s vision, the future robotic economy also presents significant social and economic disruption. He acknowledged that while automation could create abundance, the transition may entail considerable trauma. Musk emphasized that robots would replace most jobs, making work optional in a society where AI and automation provide the essentials.

The concept of robots enabling universal basic income aligns Musk with other tech leaders who have explored similar ideas. Sam Altman, CEO of OpenAI, conducted a basic income pilot in 2024, while Facebook cofounder Chris Hughes and eBay founder Pierre Omidyar have publicly advocated for a universal basic income as a response to technological disruption.

Despite the bold claims, Optimus remains a production challenge. Tesla has staged public demonstrations showing robots handing out candy, performing martial arts routines with celebrities, and dancing at shareholder events, but mass production is still years away. Musk projects that once Optimus reaches volume production, it could be sold for $20,000 to $30,000 per unit.

Musk’s vision merges radical technological ambition with social and economic theory, positioning Tesla’s humanoid robots as both a driver of corporate growth and a potential engine for global prosperity. Achieving the Optimus sales targets could unlock Musk’s trillion-dollar compensation package and cement the company’s leadership in robotics and AI, while failure could underline the immense challenge of realizing such sweeping societal change.

This marks a dramatic moment in Tesla’s push beyond electric vehicles, as the company bets that humanoid robots, long considered a sci-fi dream, could soon become a transformative economic force.

The cryptocurrency market in November 2025 is at a pivotal crossroads, with Bitcoin hovering around $103,000 after a volatile month marked by sharp corrections and renewed optimism.

The U.S. Federal Reserve’s recent moves—injecting $29.4 billion via overnight repo operations the largest since the 2020 pandemic and signaling the end of quantitative tightening (QT) on December 1—have reignited debates about whether this is the spark for a historic bull run or the inflation of an unsustainable bubble.

Fed Chair Jerome Powell described the balance sheet expansion as a “technical adjustment,” but markets interpret it as a subtle return to quantitative easing (QE), prioritizing stability over aggressive inflation control.

This liquidity push comes amid a prolonged U.S. government shutdown draining $15 billion weekly from the economy, adding short-term stress but setting up a potential rebound once resolved.

Excess liquidity historically flows first to “barometer” assets like Bitcoin and Ethereum, then cascades into altcoins and meme coins as speculation heats up. The $29.4B injection on October 31 eased banking system stress, similar to 2019’s repo crisis that preceded QE and a crypto boom.

Follow-up operations added another $7.75B on November 3, signaling ongoing support. China’s PBOC is injecting funds to lower borrowing costs, expanding global M2 money supply and historically correlating with Bitcoin rallies.

Stablecoin supply (USDT, USDC) now at 3% of total market cap hints at sidelined capital ready to deploy. Odds for a December cut dipped to 65% from 90%, but further easing in 2026 potentially under a new Fed chair post-Trump’s influence could sustain the tailwind.

Analysts like Raoul Pal call this the dawn of “The Banana Zone”—a liquidity resurgence phase where crypto ascends sharply. Open interest in Bitcoin futures has stabilized at ~90,000 contracts, suggesting consolidation before an upside break.

On X, traders echo this: “We are going into a liquidity easing cycle very soon… incredibly strong tailwind for all risk assets.” While the upside is tantalizing, skeptics like Ray Dalio warn of a “classic asset bubble” in an overheated economy with record stocks, low unemployment, and sticky inflation.

Reverse repo usage hit $75B+ since late October, draining liquidity even as injections occur—a “push-pull” dynamic keeping sentiment volatile. Liquidations topped $2B on November 5, mostly longs, as spot investors pulled back.

US Government shutdown at 36 days, it’s frozen data and delayed crypto legislation (e.g., stablecoin rules, ETF approvals), potentially pushing milestones to 2026. U.S.-China trade threats and a stronger dollar are lifting Treasury yields, siphoning funds from risk assets.

ETF inflows slowed, with Bitcoin underperforming gold amid consolidation. Altcoins could drop another 30% vs. BTC if liquidity thins further. X sentiment reflects the split: “Fed’s QE is about to fuel the bubble into a violent pop… but not before adding tons of liquidity.”

A Melt-Up with Guardrails. The base case is a “sideways consolidation with mild bullish bias” through mid-November, pivoting to upside if the shutdown resolves and Fed rhetoric turns dovish.

Bitcoin could test $115K by month-end, with Ethereum reclaiming $4K, setting up December optimism. For altcoins, focus on utility plays (e.g., Bitcoin scalers like Bitcoin Hyper) over pure hype, as liquidity favors narratives tied to BTC’s ecosystem.

This isn’t 2021’s unbridled mania—structural adoption— ETFs, stablecoins provides a floor, but overexposure risks a 2000-style pop. Position for the flow, but hedge: 60% BTC dominance signals flight to safety for now. The bubble may inflate further, but the real question is your exit timing.