OpenAI CEO Sam Altman wants to build chip fabrication plants with investment money

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Sam Altman has his sights set on creating chip fabrication plants.

Bloomberg News on Friday reported on the OpenAI CEO’s goal of establishing factories dedicated to semiconductors, an important component for artificial intelligence (AI) technology. The outlet cited unnamed sources “with knowledge of the plans.”

Reports about Altman trying to drum up the necessary funds have been circulating for a couple of months. 

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He needs significant investment to facilitate the endeavor and has been approaching entities about the possibility of providing it, according to Bloomberg.

Altman has talked to technology firm G42, looking for $8-$10 billion, according to Bloomberg. SoftBank is reportedly another company with which he has talked.

FOX Business reached out to OpenAI, G42 and SoftBank for comment.

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Multiple chip fabrication…

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