Altman Seeks Funding and Partners for OpenAI Chip Venture to Rival Nvidia
• Sam Altman, CEO of OpenAI, is allegedly in talks with TSMC and Middle Eastern investors to start a new chip venture to reduce dependence on Nvidia • The venture aims to develop AI processors that can design AI chips, with the goal of competing with Nvidia • Altman is seeking funding from wealthy Middle Eastern investors like Sheikh Tahnoon bin Zayed al-Nahyan • He is also discussing a potential partnership with TSMC, a leading chip contract manufacturer, for production • The structure of Altman's venture is still uncertain, but OpenAI looks to be the primary customer