ChatGPT creator wants to raise billions of dollars, here’s why

OpenAI's CEO, Sam Altman, is leading a fundraising effort to address the shortage of AI chips. The company plans to build its own fabs, collaborating with major investors and chip manufacturers like G42, SoftBank, and Microsoft. The project aims to establish a global network of state-of-the-art fabrication plants, which will require billions of dollars and several years to complete.

ChatGPT creator wants to raise billions of dollars, here’s why
OpenAI's CEO, Sam Altman, is leading a fundraising effort to address the shortage of AI chips. The company plans to build its own fabs, collaborating with major investors and chip manufacturers like G42, SoftBank, and Microsoft. The project aims to establish a global network of state-of-the-art fabrication plants, which will require billions of dollars and several years to complete.