Sam Altman seeks to raise billions for network of AI chip factories: Report
The HinduOpenAI CEO Sam Altman plans to use the billions of dollars he is trying to raise for a chip venture for setting up a network of factories that will manufacture semiconductors, Bloomberg News reported on Friday, citing people with knowledge of the plans. Altman has had talks with several large potential investors in the hopes of raising the vast sums needed for chip fabrication plants, colloquially known as fabs, the report said. Abu Dhabi-based G42 and Japan's SoftBank Group are among the firms that have held discussions with the OpenAI boss, but the talks are still early and a full list of involved partners and funders has not been established, the report said. Intel, Taiwanese chipmaker Taiwan Semiconductor Manufacturing Co and Samsung Electronics are potential partners for OpenAI, the report added.
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