"OpenAI CEO Sam Altman Plans Chip Fabrication Plants with Investment Funds"

OpenAI CEO Sam Altman is seeking $8-$10 billion to establish chip fabrication plants dedicated to semiconductors, a crucial component for AI technology. He has approached entities such as G42 and SoftBank for investment and is reportedly considering collaboration with companies like Taiwan Semiconductor Manufacturing Co., Samsung, and Intel. The demand and supply of semiconductors have driven Altman's intent to build these plants, as OpenAI continues to expand its AI offerings, including the popular ChatGPT chatbot.