Sam Altman's efforts to raise billions for an AI chip venture are aimed at using that cash to develop a "network of factories" for fabrication that would stretch around the globe and involve working with unnamed "top chip manufacturers."
The limited number of fabs capable of making high-end chips is driving Altman or anyone else to bid for capacity years before you need it in order to produce the new chips. And going against the likes of Apple requires deep-pocketed investors who will front costs that the nonprofit OpenAI still can't afford.
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