Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

OpenAI CEO Sam Altman in Talks with G42, SoftBank for Global Chip Venture Funding

Powered by ChatGPT
Cointelegraph
464Words
Jan 20, 2024

OpenAI CEO Sam Altman is reportedly in early discussions with G42 in Abu Dhabi and Japan's SoftBank Group to secure funding for a global chip venture. The plan involves establishing a series of semiconductor manufacturing facilities worldwide. Potential collaborators include Intel, Taiwan Semiconductor Manufacturing Co, and Samsung Electronics. The discussions with G42 have been focused on raising $8 billion to $10 billion since October, but the current status is unclear. Meta CEO Mark Zuckerberg also announced plans to invest in specialized computer chips for new generative AI models and products. Altman, who recently returned to OpenAI, has resumed his efforts on the chip project and has discussed the plan with Microsoft.

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==