Altman has been in talks with several key players, including the UAE's Sheikh Tahnoun bin Zayed al Nahyan and representatives of the Taiwan Semiconductor Manufacturing Company (TSMC). He has also informed Satya Nadella, CEO of OpenAI's largest investor Microsoft, of his fundraising efforts. However, his plans to build chip plants in the US may face challenges due to economic headwinds, a shortage of skilled labor, and concerns from US politicians about foreign governments gaining too much power over the AI market.
Key takeaways:
- OpenAI CEO Sam Altman is trying to raise up to $7 trillion for an AI hardware venture, aiming to set up a new chip manufacturing venture to boost hardware capacity and train AI.
- Altman has reportedly met with several potential investors, including the UAE's Sheikh Tahnoun bin Zayed al Nahyan and representatives of the Taiwan Semiconductor Manufacturing Company (TSMC).
- He has also informed Satya Nadella, CEO of OpenAI's largest investor Microsoft, of his fundraising efforts, indicating a desire to build chip plants in the US.
- However, his plans could face obstacles due to economic headwinds, a shortage of skilled labor, and concerns from US politicians about foreign governments gaining too much power over the AI market.