OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project: Report
Publishing timestamp: 2024-02-09 12:09:52
Summary
OpenAI CEO Sam Altman is seeking trillions of dollars in investments to overhaul the global semiconductor industry. Altman believes that the limitations of AI chips hinder OpenAI's growth, and he wants to increase chip-building capacity globally. He is in talks with investors, including the government of the United Arab Emirates. The article mentions Altman's previous chip endeavors and investments, as well as the controversy surrounding them. Altman aims to compete with Nvidia, which currently controls about 80% of the AI chip market. OpenAI's ChatGPT has been successful, with over 100 million weekly active users and Fortune 500 companies using the platform. Altman was briefly ousted as CEO but has since returned, and OpenAI has announced a new board.
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