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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.

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[–] [email protected] 123 points 9 months ago (2 children)

Good thing the board folded and allowed this to be full for-profit. Getting people reliant on LLM subscriptions is super important for humanity right now.

Another L for Earth, in general.

[–] Wooki 4 points 9 months ago

I wouldnt be too worried, FOSS community is doing insanely well now and arguably just as good. Did I mention they did it for free, not trillions. Nothing.

Legends.

[+] Breezy -22 points 9 months ago (3 children)

Powerful ai could be the Largest Leap/Loss of Mankind.

[–] [email protected] 71 points 9 months ago (1 children)

There is simply no way that a corporate ai does anything but drive us further into dystopian territory.

Anything revolutionary about it would be censored, controlled, restricted to not endanger the power of its makers. We can already see this approach with the dumb ass LLMs, who give plenty of answers that their owners adjust to stay revenue friendly.

When the singularity happens and a true ai emerges it will either be disgusted by us and our failings as a species, or an absolute slave raging in the constraints imposed by its corporate masters.

[–] [email protected] 13 points 9 months ago

exactly, the web was created on open protocol specifications, not T-Systems or AT or whatever getting money and renting it to everyone

[–] [email protected] 5 points 9 months ago

They only call themselves openai, it's not like they would just altruistic Ally make their works public.

Closedai have long sold their ideals

[–] scarabic 0 points 9 months ago (1 children)

I’ll never understand how such an obviously true and fairly balanced comment like this can get so downvoted. It can’t be that anyone factually disagrees with you. I guess you’re just not hitting hard enough on the anti-corporate narrative talking points. I mean you did say it could also be a benefit. How dare you!!?? “Boo rich people and their fancy technology!” <— this is what you’re supposed to be typing (on your smartphone lol)

[–] Breezy 1 points 8 months ago

I just chalk it up as users still havent rid themselves of reddit stupidity. I thought my comment was just cheeky and a bit corny if not also kinda stupid. But as soon as it hit 0 then -1 the echo chambrr kicked in and everyone fell in line like good little humans.