OpenAI CEO Sam Altman is still chasing billions to build AI chips

A new report from Bloomberg says that once-again CEO of OpenAI Sam Altman’s efforts to raise billions for an AI chip venture are aimed at using that cash to develop a “network of factories” for fabrication that would stretch around the globe and involve working with unnamed “top chip manufacturers.” A major cost and limitation for running AI models is having enough chips to handle the computations behind bots like ChatGPT or DALL-E that answer prompts and generate images.

SoftBank Group and Abu Dhabi-based AI holding company G42 have reportedly been in talks about raising money for Altman’s project. Other companies developing AI models have also ventured into making their own chips. Microsoft, an investor in OpenAI, announced in November that it’s built its first custom AI chip to train models, closely followed by Amazon announcing a new version of its Trainium chip.

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