Sam Altman eyes semiconductor industry, in talks to raise nearly $7 trillion to boost AI chip production
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OpenAI CEO Sam Altman is reportedly in talks with investors, including those from the United Arab Emirates, to secure trillions in funding for the production of AI chips specifically designed for training large language models.
Altman is engaged in conversations with investors, including those from the United Arab Emirates, to secure trillions in funding aimed at bolstering global production of chips specifically designed for AI technology.
Financial Times reported that OpenAI hit $2 billion in revenue in December and aims to double this figure in 2025 based on strong interest from business customers.
The ChatGPT maker believes it can more than double this figure in 2025, basing this prediction on strong interest from business customers seeking to use its technology to adopt generative AI tools in the workplace.
Read at The Economic Times
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Times of India @timesofindia: Sam Altman eyes semiconductor industry, in talks to raise nearly $7 trillion to boost AI chip production. #aiact #industry40 #aistrategy https://t.co/PpQ6Kk6Ell
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