#Sam Altman

Sam Altman

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OpenAI CEO Sam Altman raising billions to establish AI chip factories network

OpenAI’s Sam Altman Is Raising Money to Set Up AI Chip Factories

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According to a new Bloomberg report, OpenAI CEO Sam Altman is looking to raise in billions to establish his own network of AI chip factories. He predicts that industry-leading foundries like TSMC, Intel and Samsung will not be able to support the needs of AI technologies in the future. So, as per the report, he is already in active discussions with investors like G42 and SoftBank Group, with funding requirements from G42 alone revolving around $8 billion or more.
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sam altman at openai devday

Sam Altman Back as OpenAI CEO: A Timeline of Conflict and Chaos

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We recap the events of Sam Altman's ousting from OpenAI and his return to the company within a week. Chaos ensued when OpenAI revealed on November 18 that Sam Altman has been fired. This was followed by Greg Brockman quitting OpenAI. Then, we learned former Twitch CEO Emmet Shear was hired as the interim OpenAI CEO and Sam Altman was moving to Microsoft to set up a new AI research division. Now, on November 22, Altman has been reinstated as the OpenAI CEO with a new board.
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