OpenAI's Altman in talks to raise funds for chips, AI initiative - News Summed Up

OpenAI's Altman in talks to raise funds for chips, AI initiative


The project could require raising as much as $5 trillion to $7 trillion, the report added, citing people familiar with the matter. Sam Altman, chief executive officer of OpenAI. ALSO READ: Sam Altman reveals why he was fired, then re-hired as OpenAI CEO, says 'was hurt and angry'Experience Delhi’s rich history through a series of heritage walks with HT! The Semiconductor Industry Association (SIA) has forecast a 13.1% jump in global chip sales to $595.3 billion this year, compared with a drop of about 8% in sales in 2023. The amounts Altman has discussed are outlandishly large by the standards of corporate fundraising, the report added.


Source: Hindustan Times February 09, 2024 06:20 UTC



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