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.

  • pewter
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    29 months ago

    It’s much easier to do that with Lemmy. It’s simply less useful because there are fewer users.

    • @[email protected]
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      29 months ago

      idk. yeah… probably.
      all (public) platforms are fcked.
      but at least it provides value to users.
      like: piracy, anonymity, and foss software.
      also general info and news.