OpenAI CEO Sam Altman is in talks with investors, including from the United Arab Emirates, to raise between $5 trillion to $7 trillion in funding. The goal, according to a report in The Wall Street Journal, is to increase the world’s chip manufacturing capacity and enhance AI capabilities.

The fundraising efforts are part of a broader strategy to address OpenAI’s growth constraints, particularly the scarcity of AI chips needed for training large language models like ChatGPT.

Altman’s proposal is said to include forming a partnership with investors, chip manufacturers, and power providers to finance the construction of chip foundries, which would then be operated by the chip manufacturers.

  • @[email protected]
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    1319 months ago

    The fundraising efforts are part of a broader strategy to address OpenAI’s growth constraints,

    see…we just can’t grow without TRILLIONS OF FUCKING DOLLARS

    • bunnyfc
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      259 months ago

      i have a business case to become the major player in the chip industry: buy the planet’s economy

    • @[email protected]
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      9 months ago

      maybe just “they” can’t.

      probably a bad idea to put those with already too many recource usage, who are living on the cost of society for uncountable generations, in positions to decide anything. maybe.

    • @[email protected]
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      9 months ago

      Between this and saying they couldn’t operate if they fairly paid authors, I’m getting the feeling that Altman might be as talented of a CEO as Spez and Musk.

      That is – if anyone else was making decisions, the companies would be vastly more successful.