Sam Altman Seeks $7 Trillion for AI Chip Factories

The OpenAI CEO's plan aims to revolutionize semiconductor production, facing challenges and skepticism.

Sam Altman, CEO of OpenAI, is reportedly seeking to raise up to $7 trillion for a network of chip factories to fuel AI growth, involving partners like G42, SoftBank, and Microsoft.
The $7 trillion figure is nearly 14 times the total revenue of the semiconductor market last year, raising questions about the feasibility of such an ambitious project.
Altman's plan could potentially buy out major chipmakers and still have funds left over, aiming to boost chip production for AI and other technologies.
The project faces challenges, including the need for skilled workers, the time required to build fabs, and the cyclical nature of semiconductor demand.
Altman's interest in energy startups, such as Oklo and Helion Energy, suggests a holistic approach to powering the envisioned chip factories and datacenters.