OpenAI chief looking to raise trillions

WASHINGTON, D.C.: OpenAI chief Sam Altman is seeking to raise trillions of dollars to reshape the global semiconductor industry and has held talks with potential investors including the United Arab Emirates (UAE) government, the Wall Street Journal reported on Thursday.

Altman is reportedly looking to resolve some of the biggest challenges faced by the rapidly expanding artificial intelligence (AI) sector including a shortage of the expensive computer chips needed to power large-language models like OpenAI’s ChatGPT.