Bloomberg: OpenAI CEO Sam Altman plans to raise billions of dollars for AI chip factory

OpenAI CEO Sam Altman is working to raise billions of dollars from global investors for a chip manufacturing company, people familiar with the matter disclosed. His goal is to use the funds to build a network of factories to make semiconductors. Altman has had conversations with several large potential investors, people familiar with the matter said. Companies Altman has had conversations with include Abu Dhabi-based G42 and SoftBank Group Corp. Some people familiar with the matter said the project would involve working with top chipmakers. Intel, TSMC and Samsung Electronics are potential partners of OpenAI. Negotiations are still in the early stages and a full list of partners has not yet been identified. (Bloomberg)