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OpenAI Boss Sam Altman Seeks Staggering $5 to $7 Trillion For AI Chip

via Reuters
This article was originally published at StateOfUnion.org. Publications approved for syndication have permission to republish this article, such as Microsoft News, Yahoo News, Newsbreak, UltimateNewswire and others. To learn more about syndication opportunities, visit About Us.

Sam Altman, CEO of OpenAI, is seeking to raise trillions of dollars to boost global production of high-powered computer chips for advanced artificial intelligence.

He has engaged in talks with potential investors, including government officials, and aims to address the chip shortage and energy requirements.

“OpenAI has had productive discussions about increasing global infrastructure and supply chains for chips, energy and data centers—which are crucial for AI and other industries that rely on them,” an OpenAI spokeswoman stated.

“We will continue to keep the US government informed given the importance to national priorities, and look forward to sharing more details at a later date,” she added.

The project may require $5 to $7 trillion and would involve collaboration with chip makers and energy firms.

Altman has discussed the plans with Commerce Secretary Gina Raimondo and is seeking US government support.

Microsoft, a major investor in OpenAI, is reportedly supportive of the project.

Altman highlighted the need for more AI infrastructure and a resilient supply chain, emphasizing the importance of economic competitiveness.

“We believe the world needs more AI infrastructure–fab capacity, energy, datacenters, etc– than people are currently planning to build,” Altman said. “Building massive-scale AI infrastructure, and a resilient supply chain, is crucial to economic competitiveness. OpenAI will try to help!”

“There’s no way to get there without a breakthrough,” Altman said. “It motivates us to go invest more in fusion.”

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