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dalton99a

(93,728 posts)
4. +1. Altman wants to be the next Elon Musk
Tue Mar 10, 2026, 11:45 AM
21 hrs ago
https://www.wsj.com/tech/ai/sam-altman-seeks-trillions-of-dollars-to-reshape-business-of-chips-and-ai-89ab3db0

Sam Altman Seeks Trillions of Dollars to Reshape Business of Chips and AI
OpenAI chief pursues investors including the U.A.E. for a project possibly requiring up to $7 trillion
By Keach Hagey and Asa Fitch
Feb. 8, 2024 9:00 pm ET

The OpenAI chief executive officer is in talks with investors including the United Arab Emirates government to raise funds for a wildly ambitious tech initiative that would boost the world's chip-building capacity, expand its ability to power AI, among other things, and cost several trillion dollars, according to people familiar with the matter. The project could require raising as much as $5 trillion to $7 trillion, one of the people said.

The fundraising plans, which face significant obstacles, are aimed at solving constraints to OpenAI's growth, including the scarcity of the pricey AI chips required to train large language models behind AI systems such as ChatGPT. Altman has often complained that there aren't enough of these kinds of chips -- known as graphics processing units, or GPUs -- to power OpenAI's quest for artificial general intelligence, which it defines as systems that are broadly smarter than humans. Such a sum of investment would dwarf the current size of the global semiconductor industry. Global sales of chips were $527 billion last year and are expected to rise to $1 trillion annually by 2030. Global sales of semiconductor manufacturing equipment -- the costly machinery needed to run chip factories -- last year were $100 billion, according to an estimate by the industry group SEMI.

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1 members have recommended this reply (displayed in chronological order):

Asymmetric Starbeach 22 hrs ago #1
It's possible he's done more harm to education than any other person in history. highplainsdem 22 hrs ago #2
With social media and AI, tech broligarchs misanthrope 21 hrs ago #3
I agree, and it's a tragic situation. Unfortunately accelerated by people using AI when they aren't highplainsdem 21 hrs ago #5
Tangential but related misanthrope 20 hrs ago #9
Very helpful video. Thanks again! highplainsdem 20 hrs ago #10
+1. Altman wants to be the next Elon Musk dalton99a 21 hrs ago #4
Thanks! highplainsdem 21 hrs ago #7
Re what you added there about Sam Altman - yes, he's a lot like Elon Musk. He wants more and more highplainsdem 20 hrs ago #11
Psychopathy and sociopathy aid success in the corporate and political realms misanthrope 16 hrs ago #21
Writing a thesis is hard work Mz Pip 21 hrs ago #6
You'd accomplished a lot, and learned a lot. highplainsdem 21 hrs ago #8
It is sooooooo awful róisín_dubh 20 hrs ago #12
I'm so sorry. It's understandable that good teachers don't want to deal with what AI has done to highplainsdem 19 hrs ago #14
AI can help save us from natural intelligences (humans) powered by the Internet. gulliver 19 hrs ago #13
Generative AI isn't "extremely destructive to BS." It's often called a bullshit machine. It isn't highplainsdem 18 hrs ago #15
Not perfect, but a massive improvement over "humans plus Google" gulliver 18 hrs ago #16
Generative AI is NOT the real deal. It will always hallucinate, and it will never get us to true highplainsdem 18 hrs ago #17
It's useful as a tool, so far gulliver 18 hrs ago #18
It's an unethical tool, because it was trained illegally on stolen intellectual property. It's a tool that highplainsdem 17 hrs ago #20
We agree on the negative aspects almost entirely gulliver 16 hrs ago #22
I wish I could believe that Musk really wants abundance for all, but IIRC there's little or no evidence highplainsdem 11 hrs ago #28
The same idiots who used google searches to reinforce and promote their idiocies... hunter 17 hrs ago #19
True gulliver 15 hrs ago #23
Imagine a golden future where students use AI to write papers... hunter 13 hrs ago #24
We already have a present, far from golden, where some students and teachers do that. And our highplainsdem 11 hrs ago #29
When used appropriately and responsibly.... anciano 12 hrs ago #25
Other people's uncredited information, ideas and creativity. Do you even note the use of genAI in your product ... marble falls 12 hrs ago #27
I've used genAI enough to know what's created with it is a result of the stolen IP used to train it. highplainsdem 10 hrs ago #31
And I'll help. May I grease the skids? marble falls 12 hrs ago #26
Very happy to have your help. A lot of people share our opinion of AI. There was a poll done recently highplainsdem 10 hrs ago #30
Fuck AI. Fuck it to hell. Initech 9 hrs ago #32
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