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https://arstechnica.com/information-technology/2024/02/report-sam-altman-seeking-trillions-for-ai-chip-fabrication-from-uae-others/ https://arstechnica.com/info
by adontz 3y ago
https://arstechnica.com/information-technology/2024/02/report-sam-altman-seeking-trillions-for-ai-chip-fabrication-from-uae-others/ https://arstechnica.com/information-technology/2024/02/repor...
OpenAI CEO Sam Altman is in talks with investors to raise as much as $5 trillion to $7 trillion for AI chip manufacturing
Altman has reportedly met with a range of potential investors worldwide, including sovereign wealth funds and government entities, notably the United Arab Emirates, SoftBank CEO Masayoshi Son, and representatives from Taiwan Semiconductor Manufacturing Co.
the prospect of substantial UAE investment in a key tech industry raises potential geopolitical concerns, particularly regarding the US government's strategic priorities in semiconductor production and AI development.