OpenAI CEO Sam Altman, along with executives from Microsoft, AMD, and CoreWeave, testified before the U.S. Senate, urging lawmakers to modernize energy infrastructure, relax export controls, and expand access to government data to maintain U.S. leadership in artificial intelligence amid competition from China. Altman highlighted progress on the $500 billion Stargate Project, including the construction of 'Stargate 1', an AI training facility in Abilene, Texas, in partnership with Oracle. The facility is projected to be the world's largest, with SoftBank managing financials and MGX as an equity investor. The project is part of OpenAI's 'OpenAI for Countries' initiative to help democracies build national AI hubs. Executives warned that restrictive regulations and export controls could undermine U.S. AI leadership and push other countries toward Chinese technology. AMD noted a $1.5 billion expected revenue loss due to new export controls. The group advocated for a unified federal regulatory framework and increased investment in energy and data infrastructure. OpenAI appointed Instacart CEO Fidji Simo as CEO of Applications, reporting to Sam Altman. Simo will oversee product and business operations, step down from Instacart's board, and focus on expanding ChatGPT beyond subscriptions and increasing revenue, including a potential $1 billion deal with Arm. Altman will continue to lead research and infrastructure. OpenAI's financial projections have been revised upward, with 2029 revenue now forecast at $125 billion, up from $100 billion, and 2026 revenue expected at $29 billion. The company is renegotiating its revenue-sharing agreement with Microsoft, with plans to reduce the percentage allocated to commercial partners by 2030. The AI sector is advancing in agentic AI, with Meta and Microsoft reporting that AI now writes a significant portion of their code. The industry is shifting toward autonomous AI agents and increased enterprise adoption, as highlighted at ODSC East 2025.