Technology

69891 readers

2502 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago

MODERATORS

[email protected]

505

OpenAI wants to raise 5-7 trillion dollars. Yes, Trillion (decrypt.co)

submitted 1 year ago by [email protected] to c/[email protected]

204 comments fedilink hide all child comments

OpenAI CEO Sam Altman is in talks with investors, including from the United Arab Emirates, to raise between $5 trillion to $7 trillion in funding. The goal, according to a report in The Wall Street Journal, is to increase the world's chip manufacturing capacity and enhance AI capabilities.

The fundraising efforts are part of a broader strategy to address OpenAI's growth constraints, particularly the scarcity of AI chips needed for training large language models like ChatGPT.

Altman's proposal is said to include forming a partnership with investors, chip manufacturers, and power providers to finance the construction of chip foundries, which would then be operated by the chip manufacturers.

(page 3) 50 comments

sorted by: hot top controversial new old

[–] [email protected] 6 points 1 year ago

Oh, they're not asking for much, just more than the GDP of EVERY COUNTY IN THE WORLD OTHER THAN THE US AND CHINA

[–] [email protected] 5 points 1 year ago

1 Googol dolars

[–] [email protected] 4 points 1 year ago (2 children)

If I had to pick between two con-men, I’d rather have fucking Elon have that money. At least he isn’t making the biggest energy black hole.

load more comments (2 replies)

[–] [email protected] 3 points 1 year ago

feed me, Seymour!

[–] [email protected] 3 points 1 year ago

Weird that an Altman wants all this human to go to something alternative to humans.

[–] [email protected] 3 points 1 year ago (1 children)

We need a new denomination to where a trillion dollars is like one MEGABUCK oh wait that is taken.