In a bid to revolutionize the global production of artificial intelligence chips, OpenAI CEO, Sam Altman, is reportedly seeking approval from the Joe Biden-led administration for his $7 trillion chipmaking dreams.
What Happened: Altman has been in discussions with potential investors and partners across the US, Middle East, and Asia. However, the project’s advancement hinges on approval from the U.S. government.
Altman, a familiar figure in Washington due to his advocacy for AI, is seeking U.S. officials’ support for his plan to significantly increase semiconductor production, reported Bloomberg, citing people familiar with the matter.
The aim is to raise trillions to boost the global capacity for advanced computing chips, preventing a potential shortage that could impede AI’s widespread deployment.
Potential partners for Altman’s venture include major chip manufacturers such as Taiwan Semiconductor Manufacturing Co. ...