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.

211

You are viewing a single comment

You could build a huge, state-of-the-art orbital station for 1 trillion lol

why spend it on some software

If you would read it, it's for increased chip production. Hardware, not software