OpenAI Plans to Secure $5 ~ 7 Trillion in Funding
OpenAI's Ambitious Plan: Targeting a Fundraise to Match the Giants, Microsoft and Apple Combined! The tech world is abuzz with news of Sam Altman, CEO of OpenAI, spearheading a massive fundraising effort aimed at AI chip production. According to The Wall Street Journal, Altman is targeting a staggering $5 to $7 trillion, a figure that rivals the combined market capitalization of tech giants Microsoft and Apple. Altman's ambitious initiative is set to challenge Nvidia's stronghold on the AI chip market, with plans to develop an AI chip codenamed 'Tigris.' His fundraising endeavors have taken him across the globe, including recent visits to South Korea and the Middle East. Altman's fundraising was so massive that it dwarfed global chip sales last year. Highlighting the monumental nature of this venture. However, this bold plan faces numerous hurdles, including securing approval from the U.S. government and convincing a complex web of global financiers and partners...
