Sam Altman, the CEO of OpenAI, is reportedly seeking trillions in funding to advance the chip industry for artificial intelligence.

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Sam Altman, the head of OpenAI, is said to be actively seeking investors to secure trillions of dollars in funding aimed at accelerating AI development through advancements in chip production.

According to the Wall Street Journal, OpenAI CEO Sam Altman is reportedly in talks with investors to secure trillions of dollars in funding. The objective is to improve the semiconductor industry, particularly the chips driving prominent AI models like ChatGPT.

As per the report, discussions included the United Arab Emirates (UAE) government. An undisclosed source stated that Altman’s project might require an investment ranging from five to seven trillion dollars, as reported by the WSJ.

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