Sam Altman's Infrastructure Plan Aims to Spend Tens of Billions in US
Sep 05, 2024 - news.bensbites.com
OpenAI CEO Sam Altman is planning a large-scale expansion of machinery and systems required for artificial intelligence, with initial efforts focused on US states. The project, which is expected to cost tens of billions of dollars, aims to form a global investor coalition to fund the expensive physical infrastructure necessary for rapid AI development.
Altman spent the early part of the year seeking approval from the US government for the project. Now, he and his team are working on several unreported details, including the strategy to first target US states.
Key takeaways:
OpenAI CEO Sam Altman is planning a large-scale buildout of machinery and systems for artificial intelligence.
The project, which will begin in US states, is expected to cost tens of billions of dollars.
Altman has been seeking the US government's approval for the project, which aims to gather a coalition of global investors to fund the necessary physical infrastructure for AI development.
Altman and his team are now working on several unreported details, including the plan to initially target US states.
