Sam Altman Looking to Raise Trillions to Reshape Semiconductor Sector
Sam Altman, the CEO of the AI developer OpenAI, is seeking to raise trillions of dollars to reshape the global semiconductor industry.
Due to the fact that Altman's project would need to raise between $5 and $7 trillion, he is currently in discussions with investors worldwide.
The funds would solve the scaling constraints of the company and the scarcity and cost of chips needed to develop high-level AI systems.