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Now OpenAI CEO Sam Altman wants billions for AI chip fabs

Jan 21, 2024 - theregister.com
OpenAI CEO Sam Altman is reportedly seeking billions of dollars to build a global network of AI chip factories to meet the growing demand for neural network accelerators. Altman has approached several companies, including G42 and Softbank, and Microsoft has shown interest in the project. The plan is to fund the construction and operation of chip factories worldwide to ensure a healthy supply of AI processors, as Altman has expressed concerns about the current shortage of processors.

The project is not aimed at entering the foundry business but to channel the funds raised into leading chip manufacturers like TSMC, Samsung Electronics, and possibly Intel. These fabrication giants would then produce parts for artificial intelligence. TSMC is a likely candidate as it manufactures GPUs and AI accelerators for Nvidia, AMD, and Intel. The project will likely involve investing in a combination of fabrication and packaging facilities to address AI chip supply constraints.

Key takeaways:

  • OpenAI CEO Sam Altman is reportedly seeking billions of dollars in capital to build a network of AI chip factories, with potential partners including G42, Softbank, and Microsoft.
  • The goal of the project is to meet the growing demand for AI processors, as there are concerns about a shortage of processors to train and run models.
  • Building a chip factory is a costly and time-consuming process, with a single factory costing between $10 billion to $20 billion and taking four to five years to complete.
  • OpenAI's plan is to invest the funds raised into leading-edge chip manufacturers like TSMC, Samsung Electronics, and potentially Intel, to increase production of AI processors.
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