• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
TechOpenAI

Sam Altman urges lawmakers against regulations that could ‘slow down’ U.S. in AI race against China

Sharon Goldman
By
Sharon Goldman
Sharon Goldman
AI Reporter
Down Arrow Button Icon
Sharon Goldman
By
Sharon Goldman
Sharon Goldman
AI Reporter
Down Arrow Button Icon
May 8, 2025, 5:25 PM ET
Sam Altman testifies before the Senate Committee on Commerce, Science, and Transportation

Sam Altman stressed the importance of America’s AI efforts not being “slowed down” by ill-considered regulations, as the OpenAI CEO testified on Capitol Hill Thursday for the first time in two years and faced an audience of largely friendly and deferential lawmakers. 

Recommended Video

The hearing, focused on winning the race against China to dominate AI globally, marked Altman’s first congressional appearance since his high-profile testimony in May 2023, which propelled him onto the global stage and sparked widespread media coverage just six months after the launch of ChatGPT.

Dressed conservatively on in a dark grey suit, blue tie, and white shirt on Thursday, Altman faced little in the way of hostile questions or pushback from U.S. senators.

In response to Senator Ted Cruz, who asked how close China is to U.S. capabilities in AI, Altman replied, “It’s hard to say how far ahead we are, but I would say not a huge amount of time.” He said he believed that models from OpenAI, Google and others are the “best models in the world,” but added that to continue winning will require “sensible regulation” that “does not slow us down.” 

That spirit of innovation and entrepreneurship is uniquely American, Altman continued, emphasizing that “none of this is rocket science. We just need to keep doing the things that have worked for so long and not make a silly mistake.” 

Oh, what a difference two years make. Altman’s testimony was worlds away from his 2023 appearance, when the primary focus of lawmakers was AI safety and regulation.  Altman himself urged Congress at the time to implement regulations for AI technologies, emphasizing the potential risks if left unchecked. He proposed the creation of a new federal agency responsible for licensing and auditing AI models, particularly those with capabilities that could pose significant risks. 

To be fair, Thursday’s hearing, in which Altman was joined by AMD CEO Lisa Su, CoreWeave CEO Michael Intrator, and Microsoft President Brad Smith, was all about the geopolitical stakes at play in today’s AI era—that is, winning the race to dominate AI globally by strengthening U.S. capabilities and boosting innovation. 

It offered the perfect opportunity for Altman to expand on OpenAI for Countries, the global expansion of its $500 million Stargate mega data center project the company announced yesterday. The future of artificial general intelligence (AGI), said Altman in his pre-written testimony, “can be almost unimaginably bright, but only if we take concrete steps to ensure that an American-led version of AI, built on democratic values like freedom and transparency, prevails over an authoritarian one.” That is particularly important, he emphasized, as AI systems become more capable and people want to use them even more. 

Meeting that demand “requires more chips, training data, energy, and supercomputers,” he said. 

“Infrastructure is destiny, and we need a lot more of it.” 

Several of the questions lobbed at Altman veered to OpenAI policies and business practices, but lawmakers treated Altman deferentially in contrast to the grilling that other Big Tech CEOs have received on Capitol Hill. For example, Senator Amy Klobuchar, who said she had never heard of AI “hallucinations” (though they have been widely reported since ChatGPT was launched), seemed satisfied when Altman said that while OpenAI’s models are not 100% accurate, “users are smart” – that is, people understand what they can do and what they can’t.” 

And when Senator Lisa Rochester (D-Del) lightly questioned Altman about the timing of OpenAI’s efforts to restructure its for-profit business, Altman said he was grateful for the chance to explain a “complicated thing that I think it’s gotten misrepresented.” The company’s plan has always been to have a robust nonprofit, he explained: “We hope a nonprofit will be one of the best, maybe someday, the best resource nonprofit in the world.” Restructuring the for-profit arm as a public benefit corporation with the same mission, he added, “would make it possible for us to raise the capital needed to deliver these tools and services at the quality level and availability level that people want to use them at, but still stick to our mission.” 

There was a notable absence, however, of references to AI safety in Altman’s testimony, which was in stark contrast to his 2023 comments, which mentioned AI safety dozens of times. 

But OpenAI has transformed beyond recognition from the AI research lab that burst into the public consciousness when ChatGPT debuted. As of last summer, half of the OpenAI staff that once focused on the long-term risks of superpowerful AI had left the company, including cofounder and chief scientist Ilya Sutskever. Nearly 20% of the company now works in sales. And just yesterday, Instacart CEO Fidji Simo joined OpenAI as CEO of applications, overseeing the company’s product offerings and business operations. 

“OpenAI is not a normal company and never will be,” Altman said in his pre-written testimony. But he sounded perfectly relatable by closing with an optimistic personal anecdote about growing up in St. Louis and getting his first Mac computer when he was eight years old, which he called a “dividing line” in his life. 

“I can draw a straight line from that to founding OpenAI,” he said to the group of senators. “I am a child of the Internet revolution and I am proud to be one of the many parents of the AI revolution.” In a recent visit to St. Louis, he recalled passing by his old house and looking up at the top floor window.

“The light was on, and I thought,hopefully there’s some kid in there staying up late at night, playing with ChatGPT, figuring out how he or she is going to start whatever company comes next and whatever the next thing is after AI will happen here too. That is, to me, the magic of this country.”  

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
Sharon Goldman
By Sharon GoldmanAI Reporter
LinkedIn icon

Sharon Goldman is an AI reporter at Fortune and co-authors Eye on AI, Fortune’s flagship AI newsletter. She has written about digital and enterprise tech for over a decade.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
Economy
'I just don't have a good feeling about this': Top economist Claudia Sahm says the economy quietly shifted and everyone's now looking at the wrong alarm
By Eleanor PringleJanuary 31, 2026
1 day ago
placeholder alt text
Future of Work
Ford CEO has 5,000 open mechanic jobs with up to 6-figure salaries from the shortage of manually skilled workers: 'We are in trouble in our country'
By Marco Quiroz-GutierrezJanuary 31, 2026
1 day ago
placeholder alt text
Success
Ryan Serhant starts work at 4:30 a.m.—he says most people don’t achieve their dreams because ‘what they really want is just to be lazy’
By Preston ForeJanuary 31, 2026
1 day ago
placeholder alt text
Success
Alexis Ohanian walked out of the LSAT 20 minutes in, went to a Waffle House, and decided he was 'gonna invent a career.' He founded Reddit
By Preston ForeJanuary 31, 2026
1 day ago
placeholder alt text
Economy
Meet the first CEO of the IRS: A Jamie Dimon protege facing a $5 trillion test this tax season
By Shawn TullyJanuary 31, 2026
1 day ago
placeholder alt text
Startups & Venture
Silicon Valley legend Kleiner Perkins was written off. Then an unlikely VC showed up
By Allie GarfinkleJanuary 31, 2026
21 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Tech

dewar
CommentaryLeadership
The AI adoption story is haunted by fear as today’s efficiency programs look like tomorrow’s job cuts. Leaders need to win workers’ trust
By Carolyn DewarFebruary 1, 2026
3 hours ago
trader
Investingbubble
‘We’re not in a bubble yet’ because only 3 out of 4 conditions are met, top economist says. Cue the OpenAI IPO
By Nick LichtenbergFebruary 1, 2026
3 hours ago
Big TechMark Zuckerberg
The Chan Zuckerberg Initiative cut 70 jobs as the Meta CEO’s philanthropy goes all in on mission to ‘cure or prevent all disease’
By Sydney LakeFebruary 1, 2026
5 hours ago
The founder and CEO of $1.25 billion AI identity verification platform Incode, Ricardo Amper
SuccessGen Z
CEO of $1.25 billion AI company says he hires Gen Z because they’re ‘less biased’ than older generations—too much knowledge is actually bad, he warns
By Emma BurleighFebruary 1, 2026
6 hours ago
Several pictures of people receiving medical treatments including a facelift and oxygen therapy.
HealthSuper Bowl
Hims and Hers Super Bowl ad highlights ‘uncomfortable truth’ about elite healthcare for the rich and ‘broken’ system for the rest
By Jacqueline MunisFebruary 1, 2026
7 hours ago
Elon Musk sits with his hands on his knees in front of a blue "World Economic Forum" background.
Economythe future of work
Musk’s fantasy for a future where work is optional just got more real: UK minister calls for universal basic income to cushion AI-related job losses
By Sasha RogelbergFebruary 1, 2026
7 hours ago