

Sam Altman Wants to Raise $5-$7 TRILLION for AI Chip Plants
Feb 10, 2024
An ambitious initiative is underway to raise $5 to $7 trillion for semiconductor development, aimed at transforming global computing for advanced AI. The discussion reveals significant challenges and the need for international collaboration, reminiscent of historical projects like the Manhattan Project. Meanwhile, the White House has launched an AI Safety Consortium, addressing the importance of safeguarding AI technologies. The dialogue also touches on new regulations regarding AI-generated voices in robocalls, highlighting the evolving landscape of AI safety and legislation.
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White House AI Safety Consortium
- The White House launched an AI safety consortium with over 200 members.
- Its goals include setting safety standards and mitigating AI risks, but specific actions are unclear.
FCC Bans AI Robocalls
- The FCC banned AI-generated voices in robocalls to combat fraud and misinformation.
- This follows an incident with an AI-generated voice imitating President Biden.
ARM's AI-Driven Growth
- ARM, a chip designer owned by SoftBank, saw record sales, boosted by AI demand.
- Their stock surged 48%, raising questions about market overvaluation.