November 7, 2026
Worship Media
Technology

Sam Altman wants to raise trillions of dollars for AI chip initiative

After disrupting the AI industry by launching ChatGPT, OpenAI’s Chief Executive Officer, Sam Altman, is now looking to reimagine the global semiconductor industry.

Alrman hopes to do that by raising $5 trillion to $7 trillion to “boost the world’s chip-building capacity, expand its ability to power AI, among other things,” according to a Wall Street Journal report. Altman is in talks with the UAE government, SoftBank, and Taiwan Semiconductor Manufacturing Company (TSMC), among other investors, to raise the massive amount, the report said.

To read this article in full, please click here

Click Here to Visit Orignal Source of Article https://www.computerworld.com/article/3712684/sam-altman-wants-to-raise-trillions-of-dollars-for-ai-chip-initiative.html#tk.rss_all

Related posts

BrandPost: Small Business Best Practices: How to Convince Your Boss to Invest in Cybersecurity

ComputerWorld

BrandPost: 3 Ways HCI Helps Improve Your Data Center Security

ComputerWorld

Microsoft reportedly rallies behind AMD to develop chips for AI workloads

ComputerWorld

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy