Sam Altman’s next galaxy brain idea:
Sam Altman Seeks Trillions of Dollars to Reshape Business of Chips and AI 🔒
The project could require raising as much as $5 trillion to $7 trillion
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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.
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Altman has said he wants to build dozens of chip-fabrication plants in the next few years, the people said. His vision would be to raise the money from Middle East investors and have TSMC build and run them.