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Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024

Sam Altman, OpenAI CEO.
Picture: Denis Balibouse (Reuters)

OpenAI CEO Sam Altman desires to lift as a lot as $5 to $7 trillion on a brand new challenge that will increase the world’s chip-building capability, the Wall Road Journal has reported. The quantity is bigger than the present dimension of the worldwide chips market — and greater than the market caps of Apple and Microsoft mixed.

Solely a handful of tech corporations want lots of AI chips, and people who do are hungry for extra. As a result of chips are costly, well-resourced tech giants like Microsoft and Amazon are constructing their very own in home. Leaders within the tech trade have lengthy complained about shortages of Nvidia’s $40,000 H100 chips, probably the most highly effective AI chip available on the market.

The US authorities is stepping in, too. Amid the chip crunch and the worldwide race to dominate AI, the White Home announced today that it’ll make investments greater than $5 billion in semiconductor-related analysis, improvement, and workforce wants in efforts to develop US chip manufacturing. 

Altman’s new challenge is aimed toward fixing chip constraints for OpenAI. Chips aren’t simply wanted to powerChatGPT — they’ll additionally pave the trail for the corporate’s ambitions of constructing synthetic normal intelligence, or AGI, which refers to that may purpose in addition to human beings.

Altman has already met with authorities officers just like the United Arab Emirates’ high safety official Sheikh Tahnoun bin Zayed al Nahyan and US Commerce Secretary Gina Raimondo, together with buyers and trade companions to debate constructing chip foundries that will be run by current chipmakers, based on the Wall Road Journal. OpenAI would conform to be a big buyer of the brand new factories, the publication famous. The challenge may span years — though even with a $7 trillion price ticket, its success isn’t assured.

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