Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

dalton99a

(93,741 posts)
4. +1. Altman wants to be the next Elon Musk
Tue Mar 10, 2026, 11:45 AM
Yesterday
https://www.wsj.com/tech/ai/sam-altman-seeks-trillions-of-dollars-to-reshape-business-of-chips-and-ai-89ab3db0

Sam Altman Seeks Trillions of Dollars to Reshape Business of Chips and AI
OpenAI chief pursues investors including the U.A.E. for a project possibly requiring up to $7 trillion
By Keach Hagey and Asa Fitch
Feb. 8, 2024 9:00 pm ET

The OpenAI chief executive officer is in talks with investors including the United Arab Emirates government to raise funds for a wildly ambitious tech initiative that would boost the world's chip-building capacity, expand its ability to power AI, among other things, and cost several trillion dollars, according to people familiar with the matter. The project could require raising as much as $5 trillion to $7 trillion, one of the people said.

The fundraising plans, which face significant obstacles, are aimed at solving constraints to OpenAI's growth, including the scarcity of the pricey AI chips required to train large language models behind AI systems such as ChatGPT. Altman has often complained that there aren't enough of these kinds of chips -- known as graphics processing units, or GPUs -- to power OpenAI's quest for artificial general intelligence, which it defines as systems that are broadly smarter than humans. Such a sum of investment would dwarf the current size of the global semiconductor industry. Global sales of chips were $527 billion last year and are expected to rise to $1 trillion annually by 2030. Global sales of semiconductor manufacturing equipment -- the costly machinery needed to run chip factories -- last year were $100 billion, according to an estimate by the industry group SEMI.

...


Recommendations

1 members have recommended this reply (displayed in chronological order):

Asymmetric Starbeach Yesterday #1
It's possible he's done more harm to education than any other person in history. highplainsdem Yesterday #2
With social media and AI, tech broligarchs misanthrope Yesterday #3
I agree, and it's a tragic situation. Unfortunately accelerated by people using AI when they aren't highplainsdem Yesterday #5
Tangential but related misanthrope Yesterday #9
Very helpful video. Thanks again! highplainsdem Yesterday #10
+1. Altman wants to be the next Elon Musk dalton99a Yesterday #4
Thanks! highplainsdem Yesterday #7
Re what you added there about Sam Altman - yes, he's a lot like Elon Musk. He wants more and more highplainsdem Yesterday #11
Psychopathy and sociopathy aid success in the corporate and political realms misanthrope Yesterday #21
Writing a thesis is hard work Mz Pip Yesterday #6
You'd accomplished a lot, and learned a lot. highplainsdem Yesterday #8
It is sooooooo awful róisín_dubh Yesterday #12
I'm so sorry. It's understandable that good teachers don't want to deal with what AI has done to highplainsdem Yesterday #14
AI can help save us from natural intelligences (humans) powered by the Internet. gulliver Yesterday #13
Generative AI isn't "extremely destructive to BS." It's often called a bullshit machine. It isn't highplainsdem Yesterday #15
Not perfect, but a massive improvement over "humans plus Google" gulliver Yesterday #16
Generative AI is NOT the real deal. It will always hallucinate, and it will never get us to true highplainsdem Yesterday #17
It's useful as a tool, so far gulliver Yesterday #18
It's an unethical tool, because it was trained illegally on stolen intellectual property. It's a tool that highplainsdem Yesterday #20
We agree on the negative aspects almost entirely gulliver Yesterday #22
I wish I could believe that Musk really wants abundance for all, but IIRC there's little or no evidence highplainsdem 23 hrs ago #28
The same idiots who used google searches to reinforce and promote their idiocies... hunter Yesterday #19
True gulliver Yesterday #23
Imagine a golden future where students use AI to write papers... hunter Yesterday #24
We already have a present, far from golden, where some students and teachers do that. And our highplainsdem 23 hrs ago #29
When used appropriately and responsibly.... anciano Yesterday #25
Other people's uncredited information, ideas and creativity. Do you even note the use of genAI in your product ... marble falls Yesterday #27
I've used genAI enough to know what's created with it is a result of the stolen IP used to train it. highplainsdem 22 hrs ago #31
And I'll help. May I grease the skids? marble falls Yesterday #26
Very happy to have your help. A lot of people share our opinion of AI. There was a poll done recently highplainsdem 23 hrs ago #30
Fuck AI. Fuck it to hell. Initech 22 hrs ago #32
We have good reason to hate and oppose the tech lords who released generative AI tools and highplainsdem 10 hrs ago #33
Latest Discussions»General Discussion»'I wish I could push Chat...»Reply #4