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.
Meanwhile, OpenAI's revenues have exceeded two billion dollars on an annualized basis, making the company one of the fastest growing in history.
The Financial Times reports this, citing some sources, according to which OpenAI can double its revenues by 2025, thanks to the companies' strong interest in the use of artificial intelligence.
The extraordinary growth places OpenAI among the few Silicon Valley companies - together with Google and Meta - to have recorded revenues of one billion in their first decade of life.
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