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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      3411 months ago

      Is this the line for $5 - $7 trillion dollars?

      I’ll only take 4 million, and pass the rest on. With inflation accounted for, I think that leaves the next person roughly $5 - $7 trillion.

      • rem26_art
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        1011 months ago

        yo lemme hop in this line too. A cool 5-7 trillion dollars could maybe fix my life. maybe

      • Ghostalmedia
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        1311 months ago

        I will donate $50 to theirs if they donate $50 to mine.

    • @SomeGuy69
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      211 months ago

      No one needs looms anymore if we have AI.

      • Sentient Loom
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        411 months ago

        I am brutally conscious of my obsolescence. Why hath God cursed me so?