Get the latest tech news
Sam Altman Seeks Trillions of Dollars To Reshape Business of Chips and AI
Sam Altman was already trying to lead the development of human-level artificial intelligence. Now he has another great ambition: raising trillions of dollars to reshape the global semiconductor industry. From a report: The OpenAI chief executive officer is in talks with investors including the Unite...
From a report: The OpenAI chief executive officer is in talks with investors including the United Arab Emirates government to raise funds for a wildly ambitious tech initiative that would boost the world's chip-building capacity, expand its ability to power AI, among other things, and cost several trillion dollars, according to people familiar with the matter. Altman has often complained that there aren't enough of these kinds of chips -- known as graphics processing units, or GPUs -- to power OpenAI's quest for artificial general intelligence, which it defines as systems that are broadly smarter than humans. Global sales of semiconductor manufacturing equipment -- the costly machinery needed to run chip factories -- last year were $100 billion, according to an estimate by the industry group SEMI.
Or read this on Slashdot