OpenAI CEO Sam Altman is in talks with investors, including from the United Arab Emirates, to raise between $5 trillion to $7 trillion in funding. The goal, according to a report in The Wall Street Journal, is to increase the world’s chip manufacturing capacity and enhance AI capabilities.

The fundraising efforts are part of a broader strategy to address OpenAI’s growth constraints, particularly the scarcity of AI chips needed for training large language models like ChatGPT.

Altman’s proposal is said to include forming a partnership with investors, chip manufacturers, and power providers to finance the construction of chip foundries, which would then be operated by the chip manufacturers.

  • whoelectroplateuntil@sh.itjust.works
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    9 months ago

    It’s both. Basically, if he’s right that this is among the most important tech in world history and deserves $7 trillion in research, it’ll make OpenAI the du jour monopolist over said most important tech in world history if he gets it. Outright dystopian.

    • Telodzrum@lemmy.world
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      9 months ago

      Generative AI is not an important development. General AI would be. This is just a party trick.

      • whoelectroplateuntil@sh.itjust.works
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        9 months ago

        Yeah, AI’s been a whole field for many decades, machine learning and deep learning is a whole field that existed and was doing tons of interesting work across a variety of domains before transformers came out. Fully agreed that LLM’s are a party trick, but companies use party tricks to gin up interest and money for their real work all the time. None of this changes the fact that AI is important technology.

      • KevonLooney@lemm.ee
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        9 months ago

        It’s also open source too. With faster chips and standard training sets, it will be trivial for anyone to train a basic AI to recognize fire hydrants or whatever. Just like with computers, the “revolution” will not be one giant company but every business using their own.

        Your fridge only needs to recognize food items. It doesn’t need any more intelligent software. I want a food recognition AI and cameras in the fridge and cabinets so I know what food I need to buy. This doesn’t even need live cameras (for power consumption, privacy, and storage). It can just take a picture and analyze it when the door opens, then delete the picture.

      • FonsNihilo@lemmy.ca
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        9 months ago

        Remember the rumors that Altman was fired because he found a breakthrough in general AI?

        • Telodzrum@lemmy.world
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          9 months ago

          They’re bullshit. Any breakthrough in General AI world be news everywhere forever.

          • FonsNihilo@lemmy.ca
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            9 months ago

            Would it? There is a lot of technology out there that we aren’t too aware of.

            Some examples from the past: The internet was a military tool that was in use in the 1960’s.

            Siri was originally a military project. The version originally launched in 2015 was deployed in the US military as early as 2007. I’m not saying siri is a powerful tool, but for what it was in 2015, it started the Ai helper crap we have today.

            Little boy and Fat Man - Ended ww2. Very secret.

            Powerful tools are hidden. General AI would be the most powerful tool ever built. There would be no confirmation it exists until it’s been fully deployed under our noses.

            • Telodzrum@lemmy.world
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              9 months ago

              Aside from the fact that OpenAI and Microsoft leak like a sieve, the scramble for investors would publicize the development, and also the fact that Altman is a braggadocious idiot who need everyone to think he’s smart or he’ll collapse in on himself. The world would know, there isn’t an argument to the contrary that holds any water given the scale of the breakthrough general AI would be and the actors involved here.

        • ShittyBeatlesFCPres@lemmy.world
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          9 months ago

          The breakthrough was the ability to do like 3rd grade math. Being able to reason is a big step to researchers but it’s still very much in the research phase.

      • scarabic@lemmy.world
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        9 months ago

        Generative AI pales in importance compared to General AI but it is still an important development on its own.

    • scarabic@lemmy.world
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      9 months ago

      Read the last paragraph of the OP at least. This is not asking for $5 trillion to be handed solely to OpenAI to go become a world monopoly on chip manufacture. What he’s really asking is for investors to direct funds to radically increasing world compute capacity, to the profit for the chip manufacturers and likely many others. OpenAI just gets to continue the track it’s on without this constraint. There is nothing here about them monopolistically controlling this entire investment and in fact the opposite is true: it’s framed as a broad partnership venture.