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The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

Sam Altman Wants to Raise $5-$7 TRILLION for AI Chip Plants

Feb 10, 2024
15:45
Snipd AI
Entrepreneur and investor in artificial intelligence, Sam Altman, discusses his ambitious plan to raise $5-$7 trillion for AI chip plants and the importance of access to compute power. He also touches on the controversy surrounding his departure from OpenAI and potential partnerships with TSMC and Middle Eastern funders.
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Podcast summary created with Snipd AI

Quick takeaways

  • The White House has established the AI Safety Institute Consortium to ensure safe development and deployment of generative AI, involving major tech companies, government agencies, academic institutions, and non-AI companies.
  • Sam Altman plans to raise trillions of dollars to build semiconductor plants globally, aiming to tackle the chip shortage and revolutionize the computing landscape through extensive partnerships with governments, industry, and funders like SoftBank.

Deep dives

White House announces new AI safety consortium

The White House has introduced the AI Safety Institute Consortium, a coalition aimed at the safe development and deployment of generative AI. The consortium includes major tech companies like Microsoft, Google, OpenAI, as well as government agencies, academic institutions, and companies from outside the AI field. Secretary of Commerce Gina Ramondo stated that the US government is committed to setting standards and developing tools to harness the potential of artificial intelligence while ensuring safety.

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