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Altman Seeks to Raise Billions for Network of AI Chip Factories

(Bloomberg) OpenAI Chief Executive Officer Sam Altman, who has been working to raise billions of dollars from global investors for a chip venture, aims to use the funds to set up a network of factories to manufacture semiconductors, according to several people with knowledge of the plans.Most Read from BloombergPutin Orders Hunt for Property of Russian Empire, Soviet UnionFord Cuts Workforce Making Electric F-150s on Weak DemandYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining N

Sam Altman: Sam Altman seeks to raise billions for network of AI chip factories

Altman has had conversations with several large potential investors in the hopes of raising the vast sums needed for chip fabrication plants, or fabs, as theyre known colloquially, said the people, who requested anonymity because the conversations are private.

Altman Seeks to Raise Billions for Network of AI Chip Factories

(Bloomberg) OpenAI Chief Executive Officer Sam Altman, who has been working to raise billions of dollars from global investors for a chip venture, aims to use the funds to set up a network of factories to manufacture semiconductors, according to several people with knowledge of the plans.Most Read from BloombergRussia Says Ukraine Downed Plane Carrying Prisoners for SwapTrump Races Toward 2024 Biden Rematch After New Hampshire WinApple Dials Back Car’s Self-Driving Features and Delays Launch

Altman Seeks to Raise Billions for Network of AI Chip Factories

Altman Seeks to Raise Billions for Network of AI Chip Factories
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