According to the financial intelligence, CEO Sam Altman of OpenAI and CEO Huang Renxun of Nvidia (NVDA.US) met with senior officials of the Biden administration and other industry leaders at the White House, discussing the steps to address the large-scale infrastructure needs of AI projects.

According to a statement released by the White House at the meeting on Thursday, the participants also included Dario Amodei, CEO of Anthropic, Ruth Porat, President of Google (GOOGL.US), Matt Garman, head of Amazon's cloud business, and Brad Smith, President of Microsoft (MSFT.US). U.S. government officials included Commerce Secretary Gina Raimondo, National Security Adviser Jake Sullivan, and Energy Secretary Jennifer Granholm.

After the meeting, the White House announced an interagency working group to help promote the development of U.S. data centers and take measures to support the accelerated permitting of these facilities. These measures are aimed at ensuring that the United States maintains its leadership in the field of AI, which requires significant investment in data centers and energy supply.

According to the White House's statement, the U.S. Department of Energy will also guide data center owners and operators to utilize resources such as loans, grants, and tax incentives to help them find clean and reliable sources of electricity. Participants from the energy industry included Calvin Butler, CEO of Exelon.

For example, OpenAI plans to invest billions of dollars to drive the construction of AI infrastructure within the United States, covering data centers, energy capacity, transmission, semiconductor manufacturing, and attracting global investment. For months, company executives have been meeting with government officials to discuss a range of issues related to this plan, including national security concerns that may be related to foreign investment.

On the same day as the discussions were taking place, OpenAI announced a new AI model internally known as 'Strawberry,' which can perform some human-like reasoning tasks, indicating the intensity of the competition. In a statement released on Thursday, OpenAI said, 'OpenAI believes infrastructure is destiny, and constructing additional infrastructure in the United States is crucial to the country's industrial policy and economic future.' The company emphasized the economic benefits of investing in U.S. data center projects, including the potential to create 0.04 million jobs across multiple states.

Google's Pichai said that a robust US energy infrastructure is crucial to ensuring US leadership in the emerging field of artificial intelligence. In a statement, she said, 'Today's White House meeting is an important opportunity to advance the work needed to modernize and expand the capacity of the US energy network.'

Artificial intelligence has driven a significant increase in the construction of data centers in the United States. At the same time, the Chip and Science Act and the Inflation Reduction Act have also promoted broader manufacturing growth. The Chip and Science Act and the Inflation Reduction Act are iconic subsidy programs for semiconductors and clean energy that President Biden enacted in 2022.

According to the US Department of Energy, these investments, along with data center expansions and other factors, are expected to drive a 15% to 20% increase in electricity demand over the next 10 years. A report released by the non-profit organization Electric Power Research Institute in May of this year showed that by 2030, data centers will consume 9% of the total electricity generated in the United States, an increase from 4% in 2023.

The Biden administration has stated that renewable energy sources such as wind energy and cecep solar energy, as well as improvements in battery storage and energy efficiency, are some of the best ways to meet the growing energy demands of data centers because they offer rapid scalability and cost competitiveness.

The US Department of Energy stated in a blog post last month, 'The recent growth in power demand driven by data centers presents an opportunity to accelerate the development of clean energy solutions, improve demand flexibility, and achieve grid modernization while maintaining affordability.'

However, the agency warned that the forecast for growth in power demand 'will evolve due to constantly evolving use cases' and other factors. The agency will release a data center energy consumption assessment report by the end of the year.