HomeArtificial IntelligenceSam Altman is looking for trillions to provide advanced chips and AI

Sam Altman is looking for trillions to provide advanced chips and AI

February 11, 2024: Sam Altman, the CEO of OpenAI, is on a mission to dramatically increase the world's ability to provide advanced chips needed for artificial intelligence.

Accordingly The Wall Street JournalAltman is demanding a staggering sum, possibly as much as $7 trillion, from investors, including the federal government of the United Arab Emirates.


This massive investment goals to handle one in all the most important challenges in AI development today: the dearth of powerful chips.

Altman's proposal involves constructing many chip foundries that might then operate existing semiconductor manufacturers like Taiwan Semiconductor Manufacturing Company (TSMC).

This initiative ensures that AI technologies like ChatGPT have the obligatory resources to grow and develop.

It could seem unrealistic to boost such a big sum of money, but Altman has already begun discussions with influential figures world wide.

Meetings were held with senior officials within the United Arab Emirates, TSMC executives, US Commerce Secretary Gina Raimondo and SoftBank CEO Masayoshi Son. These discussions underscore the worldwide interest in supporting the expansion of semiconductor production, which is currently controlled by a couple of key players.

Despite the worldwide dominance of chip manufacturing by corporations like TSMC and NVIDIA, Altman's plan represents an try to decentralize and increase the manufacturing capability essential to advancing AI technologies.

An OpenAI spokesperson mentioned that the corporate has had productive discussions about strengthening global infrastructure and provide chains and promised more details in the longer term.

At 38, Altman has turn out to be a distinguished figure within the AI ​​industry, steering OpenAI through significant milestones and challenges, including a transient departure from the corporate he helped found.

His current enterprise could reshape the longer term of AI and make it some of the significant technological endeavors of our time.


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