OpenAI founder Sam Altman is 'seeking $7 trillion investment'
The CEO of OpenAI, Sam Altman, is seeking a $7 trillion investment to overhaul the world’s semiconductor industry, reports The Wall Street Journal. Semiconductor chips are a hugely limiting factor in the world of artificial intelligence (AI) development due to the extremely high computing power needed to train AI models. With this investment, Altman is looking to negate a factor that significantly limits OpenAI’s growth potential. Despite huge investment and strategic focus from the US government, the semiconductor chip industry is complex. Due to its strategic value and the importance of chips to AI development, it is a highly regulat...... Read Full article on HadNews