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.

      • noodlejetski
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        4 months ago

        ah, I was starting with the OpenAI’s goal, not the total world economy for some reason.

    • scarabic@lemmy.world
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      4 months ago

      LOL yes I did the same math. Dude had one wish and he blew it!

      “No please, Mr. Genie I meant .000000001 not .00000000001%!”

      Genie: so $5,000? (Snaps fingers)