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.

  • bunnyfc@kbin.social
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    9 months ago

    yeah and productivity increase has decoupled from wage in 1980, while productivity rises wages stay the same - why should anyone who’s not a multimillionaire find that acceptable?

    • QuaternionsRock@lemmy.world
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      9 months ago

      Why would anyone know this fact and attack productivity increases rather than its being decoupled from wages?