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.

  • @A_Very_Big_Fan
    link
    English
    310 months ago

    Drugs!

    I’d probably give Louis Rossman and the institute for justice a trillion each. Rossman would use it to lobby for the Right to Repair movement, and the IFJ would use it to get rid of blatantly unjust legislation like civil asset forfeiture.

    Donating a billion to GDQ while they’re live would be pretty funny

    • @[email protected]
      link
      fedilink
      English
      010 months ago

      rossman is a greedy influencer wannabe that wants to profit from internet injustices, stop being a fanboy.

      • @A_Very_Big_Fan
        link
        English
        010 months ago

        He works for a non-profit organization as a Right to Repair lobbyist, so idk what you’re on about. You’d already know this if you did any research beyond what you probably heard on Twitter.

        If you think he’s “greedy” for using his AdSense and MacBook repair money to create tutorials/Wikis for circumventing anti-repair measures and spreading awareness about unethical tech practices, idk what to tell you.