OpenAI’s Altman seeks funds for infrastructure expansion on Asia, Middle East tour, WSJ reports

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Synopsis

OpenAI CEO Sam Altman is reportedly seeking global financing and manufacturing partners across East Asia and the Middle East to meet the company’s computing capacity demands. He has held discussions with major suppliers like TSMC, Foxconn, Samsung, and SK Hynix since late September to boost AI chip production and secure priority orders for OpenAI.

Image for OpenAI's Altman seeks funds for infrastructure expansion on Asia, Middle East tour, WSJ reportsAgencies
Sam Altman OpenAI CEO
OpenAI CEO Sam Altman has embarked on a global fundraising initiative spanning East Asia and the Middle East, seeking financing and manufacturing partners to meet the…



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OpenAI’s Altman seeks funds for infrastructure expansion on Asia, Middle East tour, WSJ reports


Synopsis

OpenAI CEO Sam Altman is reportedly seeking global financing and manufacturing partners across East Asia and the Middle East to meet the company’s computing capacity demands. He has held discussions with major suppliers like TSMC, Foxconn, Samsung, and SK Hynix since late September to boost AI chip production and secure priority orders for OpenAI.

Image for OpenAI's Altman seeks funds for infrastructure expansion on Asia, Middle East tour, WSJ reportsAgencies
Sam Altman OpenAI CEO
OpenAI CEO Sam Altman has embarked on a global fundraising initiative spanning East Asia and the Middle East, seeking financing and manufacturing partners to meet the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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