Altman has mentioned ‘wildly bold’ plans with buyers, together with the United Arab Emirates authorities, the WSJ says.
OpenAI CEO Sam Altman is searching for to boost trillions of {dollars} from buyers, together with the United Arab Emirates authorities, to spice up the world’s capability to supply superior chips and energy synthetic intelligence, The Wall Avenue Journal has reported.
Altman’s “wildly bold tech initiative” may require elevating as a lot as $7 trillion, the WSJ reported on Thursday, quoting folks acquainted with 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, equivalent to Taiwan Semiconductor Manufacturing Firm (TSMC), the Journal mentioned.
The plans goal to resolve obstacles to OpenAI’s development, together with a shortage of chips that energy AI fashions equivalent to ChatGPT, in keeping with the WSJ, which described the sums being sought as “outlandishly massive by the requirements of company fundraising”.
Altamn’s plans have up to now seen him maintain conferences with senior UAE officers, TSMC executives, US Secretary of Commerce Gina Raimondo and SoftBank’s chief government Masayoshi Son, in keeping with the report.
Whereas quite a few international locations have introduced plans to help home semiconductor manufacturing, world provide continues to be dominated by a handful of companies, 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 rising world infrastructure and provide 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 turn out to be 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 workers and buyers.