OpenAIs Altman seeks funds for infrastructure expansion on Asia, Middle East tour, WSJ reports

Image for article OpenAIs Altman seeks funds for infrastructure expansion on Asia, Middle East tour, WSJ reports
News Source : Yahoo Entertainment

News Summary

  • OpenAI CEO Sam Altman has embarked on a global fundraising initiative spanning East Asia and the Middle East.
  • He is seeking financing and manufacturing partners to meet the company's demand for its computing capacity.Altman has held discussions since late September in Taiwan, South Korea, and Japan with major suppliers such as Taiwan Semiconductor Manufacturing, Foxconn, Samsung, and SK Hynix to boost AI chip production and secure top-priority orders for OpenAI, the report said.Reuters could not immediately verify the report.
(Reuters) 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 companys demand for [+1316 chars]

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