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OpenAI founder Sam Altman is ‘seeking $7 trillion investment’


Sam Altman, CEO of OpenAI, is pursuing an ambitious investment plan to ensure a steady supply of semiconductor chips for AI development.

As the WSJ reports, the size of the global semiconductor chip market was $527 billion last year and isn’t expected to reach $1 trillion until 2030. The tech entrepreneur has met with representatives from the government of the United Arab Emirates and businesspeople from Taiwan to try and advance his plans. Altman has discussed his plans with Satya Nadella, Microsoft CEO, and Kevin Scott, its CTO, and is proceeding with their buy-in.

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