Let $X$ be a Hausdorff topological space (that means any two distinct point $x,y \in X$ are contained in disjoint open sets $U_x,U_y$ respectively -- most interesting topological spaces, such as Euclidean spaces, are Hausdorff). Suppose $X$ satisfies the property that arbitrary intersections of open sets are open. Let $z \in X$ and let $I_z$ be the intersection of all open sets that contain $z$. If $y \neq z$ then there is an open set $U_z$ containing $z$ but not $y$, so $y \not\in I_z$. Thus $I_z = \{z\}$, so all points are open. But if all points are open, that means by arbitrary union that every single last subset of $X$ is open, in which case why did we bother going through the trouble of defining a topology in the first place??
In summary, allowing arbitrary intersections of open sets to be open implies that any Hausdorff space is discrete, which basically kills the entire field of topology... so I think sticking with finite intersections is the way to go.