OpenAI CEO Sam Altman prepares to utilize the billions of dollars he is attempting to raise for a chip endeavor for establishing a network of factories that will make semiconductors, Bloomberg News reported, mentioning individuals with understanding of the strategies.
Altman has actually had talks with a number of big prospective financiers in the hopes of raising the large amounts required for chip fabrication plants (fabs), the report stated.
The job would include dealing with leading chip producers and the network of fabs would be international in scope, according to the report.
Production chips is pricey. They likewise need generous quantities of natural deposits, in addition to the billions of dollars in financing.
Expenses have actually been increasing for many years as innovation advances to make chips utilized in expert system applications.
Abu Dhabi-based G42 and Japan’s SoftBank Group are amongst the companies that have actually held conversations with the OpenAI manager, however the talks are still early and a complete list of included partners and funders has actually not been developed, the report stated.
The talks with G42, with which the ChatGPT maker partnered in October in 2015, alone had actually concentrated on raising US$ 8 billion to US$ 10 billion ($ 12 billion to $15 billion), although the present status of the conversations is uncertain, according to the report.
Intel, Taiwanese chipmaker Taiwan Semiconductor Production Co and Samsung Electronic devices are prospective partners for OpenAI, the report included.
OpenAI, SoftBank, Intel, TSMC, G42 and Samsung did not instantly react to Reuters ask for remark. Microsoft decreased to comment.
Altman went back to OpenAI in November after a surprise ouster that had actually sent out shockwaves through the tech market.
The Bloomberg report stated he had actually been hard at work on the chips job up until he was momentarily ousted and upon his return, he revived the efforts.
He has actually likewise sounded out Microsoft on the strategy, and the software application giant is interested, the report included.