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OpenAI wants to raise 5-7 trillion dollars. Yes, Trillion (decrypt.co)

submitted 7 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] 4 points 7 months ago (1 children)

It's also open source too. With faster chips and standard training sets, it will be trivial for anyone to train a basic AI to recognize fire hydrants or whatever. Just like with computers, the "revolution" will not be one giant company but every business using their own.

Your fridge only needs to recognize food items. It doesn't need any more intelligent software. I want a food recognition AI and cameras in the fridge and cabinets so I know what food I need to buy. This doesn't even need live cameras (for power consumption, privacy, and storage). It can just take a picture and analyze it when the door opens, then delete the picture.

[–] [email protected] 1 points 7 months ago (1 children)

Sorry what's all open source?

[–] [email protected] 1 points 7 months ago* (last edited 7 months ago)

Llms. There are very competitive, fully open source models.

Openai is not.