OpenAI’s Sam Altman Aims to Raise Billions for AI Chip Factories Venture

Sam Altman’s Ambitious Plans: Building a Global Chip Network

OpenAI CEO Sam Altman is reportedly in talks to raise billions of dollars for a new venture that aims to set up a global network of chip fabrication plants, or ‘fabs’, according to Bloomberg. Altman’s vision is to manufacture semiconductors for Artificial Intelligence (AI) applications. These fabs are expensive and require substantial funding, as well as extensive natural resources. Altman’s project would involve collaboration with top chip manufacturers to establish a global network of factories.