<h5>Who is Sam Altman?</h5><p>We all know about and might have even used <a target="_blank" rel="noopener noreferrer" href="https://www.newsahoot.com/articles/open-ai-launches-chat-gpt-4">ChatGPT</a>, the popular <a target="_blank" rel="noopener noreferrer" href="https://www.newsahoot.com/articles/how-does-artificial-intelligence-work">artificial intelligence</a> (AI) chatbot. The company behind its creation is OpenAI. Sam Altman is the CEO of OpenAI. Altman has been compared to technological visionaries such as Steve Jobs and Bill Gates. He believes that AI can perform any task that humans can.</p><p>Sam Altman was born in 1985 in the USA. From an early age, he showed interest in numbers and computing. After growing up, he attended Stanford University, USA, where he studied computer science. After that, he worked for other companies before working with OpenAI.</p><p>Recently, he has been looking for USD 7 trillion (Rs. 58,12,33,80,00,00,000) in investments.</p><h5>Why is he asking for this huge amount of money?</h5><figure class="image"><img src="https://firebasestorage.googleapis.com/v0/b/newsahoot.appspot.com/o/open-ai-ceo-wants-7-trillion-dollars%2FComputer%20Chip.jpg?alt=media&amp;token=6116a3e4-ebaa-45f2-9265-dd6ae8e46d98"><figcaption>A computer chip. Photo by Britannica.</figcaption></figure><p>Sam Altman wants to raise trillions of dollars to change the global semiconductor industry. Semiconductors play a vital role in both the computer and AI industries as they help in creating computer chips.</p><p>Altman wants to address key challenges in the rapidly expanding AI sector, such as the scarcity of these computer chips required to run AI models like ChatGPT. Altman frequently criticises the scarcity of such chips, which OpenAI requires for building and training better AI.</p><p>This ambitious tech initiative of Altman can help boost the world’s chip-building capacity, which in turn will help develop better AI systems.</p><h5>Will Sam Altman be able to get this much money?</h5><p>Reports say Sam Altman is talking with various investors, including the government of the United Arab Emirates (UAE), to fund this ambitious project. He needs to raise between USD 5 trillion and USD 7 trillion for this ambitious plan.</p><p>A few companies dominate the worldwide chip industry, including Taiwan Semiconductor Manufacturing Company (TSMC) and NVIDIA. Many countries have announced various initiatives to boost domestic chip manufacturing, but the financial support they are providing is very low compared to the amount Altman wants.</p><p>Even though Altman is in talks with various investors about the funding, obtaining such a large amount of money will be difficult.</p>

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

OpenAI CEO Wants 7 Trillion Dollars

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OpenAI CEO Wants 7 Trillion Dollars

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