this post was submitted on 10 Feb 2024
488 points (96.2% liked)

Technology

59159 readers
2341 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
488
OpenAI wants to raise 5-7 trillion dollars. Yes, Trillion (decrypt.co)
submitted 9 months ago by [email protected] to c/technology
217 comments fedilink hide all child comments
 

OpenAI CEO Sam Altman is in talks with investors, including from the United Arab Emirates, to raise between $5 trillion to $7 trillion in funding. The goal, according to a report in The Wall Street Journal, is to increase the world's chip manufacturing capacity and enhance AI capabilities.

The fundraising efforts are part of a broader strategy to address OpenAI's growth constraints, particularly the scarcity of AI chips needed for training large language models like ChatGPT.

Altman's proposal is said to include forming a partnership with investors, chip manufacturers, and power providers to finance the construction of chip foundries, which would then be operated by the chip manufacturers.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 7 points 9 months ago (1 children)

Can my research into getting rich be tax exempt, too? It's not like these are going to become public knowledge. This fucker's going to patent everything and keep anyone else from using it.

[โ€“] Brokkr 1 points 9 months ago

Patenting actual inventions is absolutely necessary for industrial research to be viable. Being a patent troll is the problem. The US patent office needs to be expanded, probably doubled, to address the issue. I don't know how well equipped other nation's patent offices are.

Patents require the disclosure of the invention so that it can be copied by others after 20 years.