OpenAI wants to raise 5-7 trillion dollars. Yes, Trillion

Rimu@piefed.social to Technology@lemmy.world – 480 points –
OpenAI Considers $7 Trillion Round, Thinks It Can Double Revenue by 2025: Reports - Decrypt
decrypt.co

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.

210

You are viewing a single comment

5-7 trillion and they’ll still end up stealing data from all over the internet.

What? You think what you post online is private or something?

You wish it were private. Would have saved you from the embarrassment.