Altman has mentioned ‘wildly ambitious’ plans with buyers, together with the United Arab Emirates authorities, the WSJ says.
OpenAI CEO Sam Altman is looking for to lift trillions of {dollars} from buyers, together with the United Arab Emirates authorities, to spice up the world’s capability to provide superior chips and energy synthetic intelligence, The Wall Avenue Journal has reported.
Altman’s “wildly ambitious tech initiative” may require elevating as a lot as $7 trillion, the WSJ reported on Thursday, quoting folks conversant in the matter.
As a part of his pitch to buyers, Altman has proposed constructing dozens of chip foundries that will then be run by present chip makers, resembling Taiwan Semiconductor Manufacturing Firm (TSMC), the Journal mentioned.
The plans intention to unravel obstacles to OpenAI’s progress, together with a shortage of chips that energy AI fashions resembling ChatGPT, in keeping 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 govt Masayoshi Son, in keeping with the report.
Whereas quite a few nations have introduced plans to assist home semiconductor manufacturing, international provide remains to be dominated by a handful of corporations, together with Taiwan Semiconductor Manufacturing Firm (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.
On the helm of OpenAI, Altman has risen to grow to be probably the most 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 workers and buyers.