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.

    • BigBananaDealer@lemm.ee
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      7 months ago

      you could donate billions per year and still have a trillion left by the time you died. fuck man what would you even do with that much money?

      • A_Very_Big_Fan@lemmy.world
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        7 months ago

        Drugs!

        I’d probably give Louis Rossman and the institute for justice a trillion each. Rossman would use it to lobby for the Right to Repair movement, and the IFJ would use it to get rid of blatantly unjust legislation like civil asset forfeiture.

        Donating a billion to GDQ while they’re live would be pretty funny