It is reported that Sam Altman was trying to raise funds in the Middle East for a project ``Tigris'' competing with NVIDIA before being expelled from OpenAI.
Sam Altman, CEO of OpenAI, known for developing the chat AI 'ChatGPT', was investing money in the Middle East to launch an AI chip development company until
Altman Thought Billions For Chip Venture Before OpenAI Ouster - Bloomberg
https://www.bloomberg.com/news/articles/2023-11-19/altman-sought-billions-for-ai-chip-venture-before-openai-ouster
Ousted OpenAI CEO Sam Altman plans new AI venture with former president Greg Brockman
The AI chip market is said to be dominated by NVIDIA, which develops products such as the H100 . Therefore, Mr. Altman is said to have been planning to launch an AI chip development company that would compete with NVIDIA's AI chips. This project was called 'Tigris'.
In the weeks leading up to his expulsion from OpenAI on November 17, 2023, Mr. Altman traveled to the Middle East to raise billions of dollars (hundreds of billions of yen) with investors in order to launch an AI chip development company. It has been reported that the company was negotiating for investment and was actively working to establish a new company. Foreign media outlet Bloomberg reported that Mr. Altman's negotiations with investors for the establishment of the new company were at an early stage and were discussed privately, so he was asked not to reveal the names of the specific investors. states.
According to the foreign media The Information, Greg Brockman, co-founder and president of OpenAI, is also expected to participate in Altman's AI chip business, and employees who left OpenAI after Altman's departure will be joining the company. There is a possibility that he may join Mr. Altman's new business.
In parallel with launching an AI chip development company, Altman is said to be working with former Apple design chief Jony Ive to launch a hardware device-related business specializing in AI. According to people familiar with the matter, Mr. Altman negotiated with investment funds such as the SoftBank Group, Saudi Arabia's sovereign
In addition, many prominent venture companies, including investors in OpenAI, are said to be planning to invest in the new business Mr. Altman aims to establish, and Microsoft, which has a long-term partnership agreement with OpenAI, is also said to be planning to invest in the new business Mr. Altman aims to establish. He is said to be interested in financial support for Mr. Altman's AI chip development business.
At the time of writing, OpenAI, SoftBank Group, Public Investment Fund, Mubadala Development Company, and Microsoft have refrained from commenting.
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