Former UK chancellor George Osborne finds something to do at OpenAI
- Reference: 1765974797
- News link: https://www.theregister.co.uk/2025/12/17/openai_george_osborne/
- Source link:
Osborne, who served as Chancellor of the Exchequer from 2010 to 2016 under Prime Minister David Cameron, announced the move [1]on X , the social media site formerly known as Twitter, saying he will work as managing director and head of OpenAI for Countries while based in London.
He follows the lead of [2]Nick Clegg , the former Liberal Democrat leader and deputy PM under Cameron's coalition government, who did a stint as chief apologist for Facebook parent company Meta between 2018 and 2025, and former PM Rishi Sunak, who has [3]taken up advisory roles with both Microsoft and AI biz Anthropic.
[4]
OpenAI for Countries is an effort to export the company's Stargate project to other nations beyond the US. Stargate itself is an ambitious plan to somehow raise and invest $500 billion over the next four years to build infrastructure to power AI in America, which [5]kicked off last year as a union between the AI developer and Microsoft.
[6]
[7]
Announcing OpenAI for Countries in May, the biz [8]claimed it had "heard from many countries asking for help in building out similar AI infrastructure," and that they "want their own Stargates and similar projects."
Osborne said in the post announcing his appointment: "I recently asked myself the question: what's the most exciting and promising company in the world right now? The answer I believe is OpenAI."
[9]
"In my conversations with Sam Altman, Brad Lightcap, and other senior colleagues, it's clear they are exceptionally impressive leaders and that they care very deeply about their mission to ensure the power of artificial intelligence is developed responsibly, and the benefits are felt by all," he added.
Osborne's legacy as Chancellor of the Exchequer is that his austerity policies following the financial crisis of 2007-2008 introduced tax rises and harsh spending cuts that were blamed for delaying Britain's economic recovery and damaging public services, while failing to deliver on the goal of reducing the country's budget deficit.
[10]Delays? What delays? Oracle insists its $300B cloud contract with OpenAI is on track
[11]Disney turns to dark side, licenses IP to OpenAI for videos, images
[12]OpenAI turns the screws on chatbots to get them to confess mischief
[13]OpenAI money-go-round sees it invest in company that invested in OpenAI
After this, he served as editor of London newspaper The Evening Standard during a period that saw its continued financial decline, so it is easy to see why OpenAI decided he is a safe pair of hands for its international expansion.
However, concerns have already been raised over OpenAI's finances, with HSBC warning that the business would need to secure [14]$207 billion in new financing by 2030 to support its expansion plans, yet isn't expected to turn a profit before then.
The company has also announced a number of circular deals with other tech businesses, in which they agree to invest in OpenAI and it in turn agrees to invest some or all of the cash back into procuring products or services from them.
[15]
In September, for example, GPU maker Nvidia said it would [16]hand OpenAI up to $100 billion in investment , while the ChatGPT creator agreed to buy "at least 10 gigawatts" of Nvidia systems for its datacenters.
Then, in October, AMD announced it had issued OpenAI with a [17]warrant for up to 160 million shares of the chip company's common stock, in exchange for "6 gigawatts" of AMD GPUs to help drive AI model development.
OpenAI – along with other AI firms – has also been involved in controversy over allegations that it used copyrighted material to train its models without gaining permission from the rights holders.
Publisher O'Reilly claimed that [18]content from its books had been used to train some OpenAI models. OpenAI even asked the US government to [19]ensure it had access to any data it wanted to train models , and to block foreign countries from trying to enforce copyright rules against it. ®
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[1] https://x.com/George_Osborne/status/2000982429247365479
[2] https://www.theregister.com/2025/01/03/nick_clegg_meta/
[3] https://www.theregister.com/2025/10/10/former_uk_prime_minister_rishi/
[4] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_software/aiml&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=2&c=2aULhqZUDMMRSFcaI87gqMwAAAVI&t=ct%3Dns%26unitnum%3D2%26raptor%3Dcondor%26pos%3Dtop%26test%3D0
[5] https://www.theregister.com/2024/04/01/microsoft_openai_5gw_dc/
[6] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_software/aiml&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44aULhqZUDMMRSFcaI87gqMwAAAVI&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[7] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_software/aiml&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33aULhqZUDMMRSFcaI87gqMwAAAVI&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[8] https://openai.com/global-affairs/openai-for-countries/
[9] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_software/aiml&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=4&c=44aULhqZUDMMRSFcaI87gqMwAAAVI&t=ct%3Dns%26unitnum%3D4%26raptor%3Dfalcon%26pos%3Dmid%26test%3D0
[10] https://www.theregister.com/2025/12/15/oracle_denies_openai_delays/
[11] https://www.theregister.com/2025/12/11/disney_openai_video_image_generation_deal/
[12] https://www.theregister.com/2025/12/04/openai_bots_tests_admit_wrongdoing/
[13] https://www.theregister.com/2025/12/01/openai_takes_ownership_stake_in/
[14] https://www.theregister.com/2025/11/26/openai_funding_gap_hsbc/
[15] https://pubads.g.doubleclick.net/gampad/jump?co=1&iu=/6978/reg_software/aiml&sz=300x50%7C300x100%7C300x250%7C300x251%7C300x252%7C300x600%7C300x601&tile=3&c=33aULhqZUDMMRSFcaI87gqMwAAAVI&t=ct%3Dns%26unitnum%3D3%26raptor%3Deagle%26pos%3Dmid%26test%3D0
[16] https://www.theregister.com/2025/09/22/openai_nvidia_chips/
[17] https://www.theregister.com/2025/10/06/openai_and_amd_join_forces/
[18] https://www.theregister.com/2025/04/03/openai_copyright_bypass/
[19] https://www.theregister.com/2025/03/13/openai_data_copyright/
[20] https://whitepapers.theregister.com/
It's not about him, it's about sending a message to current/future regulators = we'll look after you
Brad Lightcap? Sounds like a Toast of London character.
Heard he had a bit of a thing with Peanut Whistle a few years ago.
Actually made me think of Buzz Lightyear: Bubbles! Bubbles Everywhere!...
Actually made me think of Xenia Onatopp:
https://en.wikipedia.org/wiki/Xenia_Onatopp
A valid move
AI is useless and wasteful and was created to line the pockets of wealthy investors. Who better to train it on than a Tory chancellor?
Re: A valid move
It's a sensible move on their part. They're going to need someone who has experience of dealing with things when all the money's been spent.
Re: A valid move
With the sole ability being to spew bullshit while declaring integrity and keeping a straight face.
It has to happen soon
This is how we can tell the crash has got to be imminent - George Osborne has never been involved with anything successful.
It's great for brand consistency though - a stupid, vapid, disappointment of a man who is hated by everybody except the wealthiest CEOs is very OpenAI-coded.
Re: It has to happen soon
I can imagine only too easily the kind of monstrous, dystopian future where we are subjected to a chummy podcast presented by George Osborne and Wes Streeting.
Historical
Georgie Porgy Pudding and Pie
Popped the bubble and made us cry
When Young Nigel came out to play
Georgie Porgy ran away.
Re: Historical
Old Nigel, surely?
Re: Historical
He's a spring chicken compared to his friend, self declared "young man" Donald Trump, who is slim, fit, and definitely not senile.
Crosspolination
Ah the crosspolination.
You scratch my back I scratch yours and so on.
Wonderful choice... not
A failed jornalist, former [unsuccessful] chancellor with a degree in moden history. That will really qualify him for AI.
Another one who has never had a proper job.
Maybe AI will be able to help him with his modern history.
I'd rather have Ozzy Osborne.
Re: Wonderful choice... not
Don't forget the stint at the British Museum, although modern history would have suited the V&A better
Re: Wonderful choice... not
Maybe OpenAI hired him for his towel-folding expertise developed at Harrods, the only private sector job he's ever secured on merit.
Re: Wonderful choice... not
Ah yes, there were 2000 items stolen and two cyber attacks while he was (and still is) chair of the board.
Re: Wonderful choice... not
"Another one who has never had a proper job."
Unlike the current one who's had lots of proper jobs - some of them even existed.
Chancellors have a habit of being unsuccessful but if you want to find a really unsuccessful one then you have to go back a bit further to Gordon Brown.
OMG OpenAI attract all the 'best' people!