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Is Sam Altman looking for trillions of dollars?

OpenAI CEO Sam Altman is seeking trillions of dollars in investments to overhaul the global semiconductor industry, The Wall Street Journal reported. Altman has long talked of the supply-and-demand problem with AI chips — many AI giants want them, but there aren’t enough to go around — and that it limits OpenAI’s growth.

How much does Sam Altman need to raise for OpenAI?

Altman could need to raise between $5 trillion and $7 trillion for the endeavor, the Journal reported, citing one source. CNBC could not confirm the number. OpenAI CEO Sam Altman is seeking trillions of dollars in investments to overhaul the global semiconductor industry, The Wall Street Journal reported.

How much money does Sam Altman need?

Congress has taken various measures, including passage of the CHIPS and Science Act, to boost domestic computer chip production and reduce the country’s reliance on China. Sam Altman could need up to $7 trillion to achieve his plan. AP

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