OpenAI CEO Sam Altman Seeks Billions for Global AI Chip Fabrication Venture

The ambitious project aims to meet the growing demand for AI processors and address potential shortages.

OpenAI CEO Sam Altman is reportedly seeking billions of dollars in investment to build a global network of AI chip fabrication plants.
Altman has reportedly approached several potential investors, including Abu Dhabi-based G42 and Japan's SoftBank, to fund the construction and operation of chip factories.
The move is aimed at meeting the growing demand for AI processors and addressing concerns about a potential shortage.
Building and maintaining a chip factory can cost anywhere from $10 billion to $20 billion, depending on the location and planned capacity.
The venture would compete against major players like Intel, TSMC, and Samsung Foundry.