Sam Altman wants to raise up to $7 trillion. That’s a lot of money.

by MMC
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OpenAI needs more computing power (currently it relies on Microsoft for that) – and that means it needs more silicon chip factories. Much more. And chip factories aren’t cheap.

As part of the negotiations (with the UAE), Altman proposes a partnership between OpenAI, various investors, chipmakers and power providers, who together would raise funds to build chip foundries that would then be managed by the manufacturers of existing chips, some of which. people said. OpenAI would agree to be a major customer of the new factories. Much of the effort could be financed by debt, one of the sources said. Discussions are in their early stages, the full list of potential investors is not known and the efforts could stretch for years and may ultimately fail.

It’s true that the world needs more silicon chip factories – President Joe Biden recently signed the CHIPS Actwhich provides $52 billion in subsidies to build factories in the United States (although promising many new good things) jobs are down). So Altman’s ambitious plan to shake things up is great (I think?).

But… phew, $5-7 trillion is a lot of clams. That kind of number isn’t usually something a relatively new company plans to raise. In fact, there aren’t many things that cost billions.

How much does it cost? Consider this:

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