OpenAI CEO Sam Altman reportedly plans to raise trillions of yen from Softbank and other sources to build an AI chip factory

It has been reported that OpenAI CEO Sam Altman is planning to build an AI chip manufacturing factory and is aiming to raise trillions of yen to build the factory. According to reports, CEO Altman is negotiating with SoftBank and G42 .

OpenAI CEO Sam Altman Looks to Raise Billions for Network of AI Chip Factories - Bloomberg
https://www.bloomberg.com/news/articles/2024-01-19/altman-seeks-to-raise-billions-for-network-of-ai-chip-factories

BREAKING: OpenAI CEO Sam Altman, who has been working to raise billions of dollars from global investors for a chip venture, aims to use the funds to set up a network of manufacture to manufacture semiconductors pic.twitter.com/aip3bb2rZL

— Bloomberg (@business) January 19, 2024

OpenAI provides AI services such as chat AI 'ChatGPT' and image generation AI 'DALL·E,' but providing these AI services requires a large amount of AI chips with advanced processing performance. . However, there are many companies other than OpenAI that require AI chips, so it is difficult to secure enough AI chips. For this reason, CEO Altman has placed 'securing sufficient AI chips' as a top priority, and in October 2023, it was reported that 'OpenAI is planning to develop its own chips,' and the supply of AI chips has been reported. It was clear that efforts were being made to improve the situation.

It is reported that OpenAI, which develops ChatGPT, is moving to develop its own chip - GIGAZINE

According to information newly obtained by overseas media Bloomberg, CEO Altman is aiming to build an ``AI chip manufacturing factory network'' consisting of multiple semiconductor manufacturing factories. Bloomberg also reports that CEO Altman is negotiating with Softbank and the UAE-based AI company G42 to raise funds worth several trillion yen.

Sources have said that CEO Altman is negotiating to raise $8 billion to $10 billion (1.2 trillion to 1.5 trillion yen) from G42, but the article was written. The status of negotiations is unknown at this time. Bloomberg reached out to OpenAI, SoftBank, and G42 for comment, but each company declined to respond.

This is not the first time that it has been reported that CEO Altman is planning to raise funds to manufacture AI chips. For example, in November 2023, when there was a controversy surrounding CEO Altman's dismissal , it was reported that ``Until shortly before leaving the company, CEO Altman was working on raising funds to realize the project ``Tigris'' to establish an AI chip development company.'' .

It is reported that Sam Altman was trying to raise funds in the Middle East for a competing project with NVIDIA ``Tigris'' before being expelled from OpenAI - GIGAZINE