OpenAI CEO Sam Altman seeking 'trillions' to boost chip manufacturing for AI: report
OpenAI CEO Sam Altman is reportedly seeking up to $7 trillion to advance semiconductor production for AI technologies, according to The Wall Street Journal.
He has been networking with global investors, such as those from the United Arab Emirates and Softbank’s CEO, as well as prominent chip manufacturers like TSMC. This effort is in response to the limited supply of specialized AI chips necessary for powerful AI applications, including OpenAI's ChatGPT.
With an eye on expanding the necessary infrastructure, such as chip manufacturing, Altman’s plan has been endorsed by Microsoft, OpenAI's majority stakeholder.
Meanwhile, the SIA expects a significant increase in global chip sales, projecting a 13.1% rise this year. Altman has also discussed the initiative with U.S. Commerce Secretary Gina Raimondo.
OpenAI has stated its commitment to enhancing the supply chains for crucial AI components and maintaining communication with the U.S. government about its projects.