Altman has mentioned ‘wildly ambitious’ plans with traders, together with the United Arab Emirates authorities, the WSJ says.
OpenAI CEO Sam Altman is in search of to lift trillions of {dollars} from traders, together with the United Arab Emirates authorities, to spice up the world’s capability to provide superior chips and energy synthetic intelligence, The Wall Street Journal has reported.
Altman’s “wildly ambitious tech initiative” might require elevating as a lot as $7 trillion, the WSJ reported on Thursday, quoting individuals accustomed to the matter.
As a part of his pitch to traders, Altman has proposed constructing dozens of chip foundries that might then be run by current chip makers, equivalent to Taiwan Semiconductor Manufacturing Company (TSMC), the Journal stated.
The plans intention to unravel obstacles to OpenAI’s development, together with a shortage of chips that energy AI fashions equivalent to ChatGPT, in accordance with the WSJ, which described the sums being sought as “outlandishly large by the standards of corporate fundraising”.
Altamn’s plans have to date seen him maintain conferences with senior UAE officers, TSMC executives, US Secretary of Commerce Gina Raimondo and SoftBank’s chief government Masayoshi Son, in accordance with the report.
While quite a few international locations have introduced plans to assist home semiconductor manufacturing, international provide remains to be dominated by a handful of corporations, together with Taiwan Semiconductor Manufacturing Company (TSMC) and California-based NVIDIA.
An OpenAI spokesperson was quoted by the WSJ as saying it has had “productive discussions about increasing global infrastructure and supply chains” and would share extra particulars at a later date.
OpenAI, which is backed by Microsoft, didn’t instantly reply to an emailed request for remark from Al Jazeera.
At the helm of OpenAI, Altman has risen to turn into some of the recognisable faces within the burgeoning discipline of AI.
In November, the 38-year-old entrepreneur was fired from the start-up he co-founded, solely to be reinstated a number of days later after protests by staff and traders.
https://www.aljazeera.com/economy/2024/2/9/openais-sam-altman-seeking-trillions-to-fund-chips-for-ai-report-says?traffic_source=rss
