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OpenAI Boss Sam Altman Seeks *Trillions* to Fund AI Chip Production

OpenAI CEO Sam Altman is pushing ahead with a highly ambitious plan that could require raising up to $7 trillion to reshape the global semiconductor industry and expand AI capabilities .

of wall street journal report OpenAI CEO Sam Altman is in talks with investors, including the United Arab Emirates government, to raise significant funding for a project aimed at increasing global AI chip production capacity. It is said that there is The initiative could require as much as $5 trillion to $7 trillion, according to people familiar with the matter.

OpenAI boss Sam Altman (Kevin Dietsch/Getty)

This funding plan aims to address constraints on OpenAI’s growth, particularly the limited supply of graphics processing units (GPUs) needed to train large-scale AI models like ChatGPT. Altman complains that there simply aren’t enough GPUs available to power OpenAI’s quest for artificial general intelligence.

To realize Altman’s goals, he will need to convince governments, industry partners and investors around the world to join. Mr. Altman has previously met with UAE Emir Tahanun bin Zayed Al Nahyan, SoftBank CEO Masayoshi Son, and semiconductor manufacturers including Taiwan Semiconductor Manufacturing Co. (TSMC).

The current vision is that investors would fund the construction of new chip foundries run by existing manufacturers, and OpenAI would become a major customer and buy large quantities of chips from the new factories. The initiative is likely to leverage large amounts of debt and could take several years to materialize.

The amount of investment required would exceed the current scale of the semiconductor industry. Potential partner TSMC is aware of the plan and is willing to participate if allowed by the U.S. government, which considers domestic chip production to be strategically important. Altman has also discussed the idea with Microsoft CEO Satya Nadella, whose company relies on advances in AI to drive growth. Microsoft is already contributing computing power to OpenAI’s AI development.

read more of wall street journal here.

Lucas Nolan is a reporter for Breitbart News covering free speech and online censorship issues.

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