OpenAI's Tech Tale: CEO Sam Altman's Stellar Chip Venture Gains Momentum, G42 and SoftBank Join the Journey with a $10 Billion Boost!
Jan 20, 2024
OpenAI CEO Sam Altman is reportedly seeking funds for a chip venture to establish semiconductor manufacturing facilities. The plan involves collaborating with major investors, including discussions with Abu Dhabi-based G42 and Japan's SoftBank Group. OpenAI aims to raise $8 billion to $10 billion for the initiative, with plans to create a global network of chip fabrication plants, or fabs, in partnership with leading chip producers. The comprehensive list of partners and funders is still being finalized as of the latest reports.