OpenAI CEO Looks to Raise Billions for AI Chip Factories
- Sam Altman, CEO of OpenAI, reportedly raising billions to build AI chip factories and supply chain
- Aims to address current and expected future shortages of AI-focused chips
- Discussions with investors like G42 and SoftBank to raise $8B-$10B
- Effort would compete with foundries like TSMC, Samsung, Intel
- Unclear if Altman plans to buy established foundry or build all-new fabs, but very costly either way