OpenAI CEO seeking trillions of dollars to reshape chips and AI industry.

OpenAI CEO Sam Altman is discussing raising funds for a project aimed at increasing global chip-building capacity, expanding AI capabilities, and tackling other issues. The project could require raising between $5 trillion and $7 trillion. Altman's plans aim to solve constraints to OpenAI's growth and address the scarcity and cost of chips needed for high-level AI systems.

February 09, 2024
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