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This is the same kind of bullshit rationalization they used to say that the bank bailouts of 2009 weren't really bank bailouts.

They were bank bailouts.

Unsecured government loans are either bailouts, entitlements in disguise, or (usually misguided) attempts at broad economic stimulus. This definitely isn't either of the latter two.

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Unsecured government loan to a successful company to fund acceleration and growth is a "handout".

A "bailout" is what happened in 2009, in the sense the banks would literally have collapsed without it (and they probably should have).

OpenAI is not going to collapse without these loans. Huge difference.

Also for the record, not rationalizing, because I'm not in favor of either handouts or bailouts.

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