Crypto News – Sources familiar with the plans revealed on January 19 that OpenAI CEO Sam Altman intends to use the money generated from a chip business to construct several semiconductor production facilities.
CEO Altman New Goal: Global Chip Venture
In an effort to raise the money needed to open chip fabrication units or fabs, Altman is reportedly in talks with several important possible investors. Leading chip manufacturers would be partnered with in this project, and the global network of fabs would be included. It is also rumored that Abu Dhabi-based G42 and Japan’s SoftBank Group have already completed their negotiations with OpenAI. However, it was stated that the funders are not yet completely clear.
According to Rumors, Microsoft Shows Interest in the Project
After being abruptly and unexpectedly fired, Altman returned to OpenAI in November 2023 and promptly went back to work, securing financing for the production of semiconductor chips worldwide, according to the Bloomberg article. He also shared the idea with Microsoft, which has allegedly shown interest in it.
The talks are not entirely clear at this point. Intel, Taiwan Semiconductor Manufacturing Company, and Samsung Electronics were mentioned in the paper as possible OpenAI partners.
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