Sam Altman Seeks Billions to Reshape AI Chip Industry - Breaking News. Sam Altman, the CEO of OpenAI, aims to raise between $5 trillion and $7 trillion to revolutionize the global semiconductor industry.

The Wall Street Journal reports this, citing some sources, according to which Altman is in contact with various investors, including the government of the United Arab Emirates, for his ambitious initiative which includes, among other things, an increase in chip production capacity.