OpenAI CEO Wants 7 Trillion Dollars

Sam Altman, CEO of OpenAI, is in talks with investors to raise this huge amount of funding.

OpenAI CEO Wants 7 Trillion Dollars

Sam Altman at an event. Photo by Wikimedia Commons / CC BY 2.0

Who is Sam Altman?

You've probably heard of ChatGPT, the popular artificial intelligence (AI) chatbot created by OpenAI. Sam Altman is the CEO of OpenAI. He was born in 1985 in the USA and always had a passion for computers. He studied computer science at Stanford University.

Altman thinks that AI can do anything humans can do. Recently, he has been looking for $7 trillion (Rs. 58,12,33,80,00,00,000) in investments.

Why is he asking for this huge amount of money?
A computer chip. Photo by Britannica.

Sam Altman wants to raise trillions of dollars to change the global semiconductor industry. Semiconductors play a vital role in the computer and AI industries as they help create computer chips.

Altman says there aren't enough chips, which OpenAI needs to make better AI. He wants to fix this problem in the growing AI field. Altman's big plan could help make more chips, which would help make better AI.

Will Sam Altman be able to get this much money?

Sam Altman is talking to different investors, like the government of the United Arab Emirates (UAE), to get money for his big plan. He needs a lot of money for it, between $5 trillion and $7 trillion.

Many countries want to make more chips on their own, but they're not giving much money compared to what Altman needs. Even though Altman is talking to different investors about the funding, getting such a big amount will be hard.

Collect 150 Hootcoins!

START QUIZ

Did you read these articles?

© 2024 Newsahoot Media Pvt. Ltd. All rights reserved.