Sam Altman: Sam Altman eyes semiconductor industry, in talks to raise nearly $7 trillion to boost AI chip production
After the generative artificial intelligence (AI) space, OpenAI CEO Sam Altman is reportedly setting his sights on a new frontier: the semiconductor industry. According to a Wall Street Journal report published on Thursday, Altman is engaged in conversations with investors, including those from the United Arab Emirates, to secure trillions in funding aimed at bolstering global production of chips specifically designed for AI technology.This initiative could require raising as much as $5 trillion to $7 trillion, as per the…