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Wayne Williams

OpenAI is looking to build an AI chip empire worth more than AMD, Nvidia and intel combined — Sam Altman wants up to $7 trillion says WSJ report

Sam Altman OpenAI Nvidia AMD Intel Corporation Semiconductor United States TSMC
Sam Altman testifies before Congress.

In a bid to reshape the global AI chip industry, OpenAI CEO Sam Altman is reportedly in discussions with investors to raise between $5 trillion to $7 trillion.

According to The Wall Street Journal, the ambitious fundraising effort, if successful, would surpass the combined worth of AMD, Nvidia, and Intel, and aims to address the current scarcity of graphic processing units (GPUs) vital for operating large language models like ChatGPT, Microsoft Copilot, and Google Gemini.

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