OpenAI CEO Sam Altman seeks as much as $7 trillion for new AI chip project: Report

  • OpenAI CEO Sam Altman wants to overhaul the global semiconductor industry with trillions of dollars in investment, The Wall Street Journal reported.
  • Altman has said AI chip limitations hinder OpenAI’s growth, and as this project would increase chip-building capacity globally, he is in talks with investors, including the United Arab Emirates government, per the Journal.
  • Altman could need to raise between $5 trillion and $7 trillion for the endeavor, the Journal reported, citing one source. CNBC could not confirm the number.

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