OpenAI CEO Sam Altman is on a mission to revolutionize the manufacturing of semiconductors by raising billions of dollars for a chip venture that aims to establish a network of factories worldwide.
Bloomberg News reported that Altman has engaged in talks with major potential investors to secure the substantial funding required for these chip fabrication plants, commonly known as fabs.
The project envisions collaboration with top chip manufacturers, with the network of fabs having a global reach.
Manufacturing chips, crucial for artificial intelligence applications, comes at a high cost, involving significant financial investments and substantial natural resources.
This has led to great global demand for their production since only a small number of companies can produce high-end AI chips.
This shortage is a gating factor for the AI industry as a whole as more and more AI companies spring up requiring their own processors to train their models.
Altman wants his own network of fabs to ensure there’s enough supply for OpenAI to train the future versions of ChatGPT.
Several prominent firms, including Abu Dhabi-based G42 and Japan’s SoftBank Group, have entered discussions with Altman about the ambitious project.
The talks, while in the early stages, highlight the significant interest and potential involvement of major players in the industry.
Notably, discussions with G42, a partner of ChatGPT maker OpenAI since October, have focused on raising a substantial $8 to $10 billion for the venture.
Potential partnerships with industry giants like Intel, Taiwan Semiconductor Manufacturing Co. (TSMC), and Samsung Electronics have also been explored.
Altman’s return to OpenAI in November, following a surprising ouster, marks a strategic revival of efforts on the chip project.
Microsoft, too, has been approached for collaboration, and the software giant has expressed interest in Altman’s plan.