OpenAI Chief Altman To Foray into Chip Manufacturing

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Altman is often cited stating that current chip building capacity is not enough for his company’s needs.

OpenAI Chief Executive Officer Sam Altman aims to set up a  network of semiconductor manufacturing plants with the heavy funds raised from global investors for a chip venture. Altman is in discussions with middle eastern investors and chip fabricators including TSMC about launching the venture.

Altman held discussions with Abu Dhabi-based G42 and SoftBank Group Corp., last month. The project is expected to involve top chip manufacturers. The talks with G42 alone had focused on raising $8 billion to $10 billion, Bloomberg reported earlier.

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ChatGPT’s launch has triggered a revolution in AI technology. Within a year AI has been developed for various segments. This growing AI  application has instigated huge demand for powerful computing chips.

Altman’s foray into chip manufacture market indicates the inability of current chip manufacturing capacity to keep up with swift AI deployment and thus AI-chip demand. Altman is often cited stating that current chip building capacity is not enough for his company’s needs. After rejoining Altman has increased efforts for the cause and major OpenAI backer , Microsoft agrees reportedly at this.

House China Select Committee Chairman Mike Gallagher, a Republican from Wisconsin, expressed concerns about G42’s relationships with Huawei Technologies Co. and Beijing Genomics Institute and other blacklisted Chinese companies. Considering risks to research at US universities, Gallagher urged Commerce Secretary Gina Raimondo to consider sanctions on G42 and 13 of its subsidiaries and affiliates.

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