City
Epaper

Sam Altman in talks with TSMC to launch AI chip plant: Report

By IANS | Updated: January 21, 2024 09:20 IST

San Francisco, Jan 21 OpenAI CEO Sam Altman is reportedly in touch with Taiwan Semiconductor Manufacturing Co (TSMC) ...

Open in App

San Francisco, Jan 21 OpenAI CEO Sam Altman is reportedly in touch with Taiwan Semiconductor Manufacturing Co (TSMC) to launch an AI chip fabrication plant.

According to The Financial Times, Altman, who aims to raise billions of dollars from global investors for a chip plant, is also talking with the Taiwanese giant TSMC.

Both OpenAI and TSMC did not comment on the story.

Altman is also reportedly in talks with one of the wealthiest persons in Abu Dhabi, Sheikh Tahnoon bin Zayed al-Nahyan, for the semiconductor plant.

Sheikh Tahnoon is brother of Gulf state’s president Sheikh Mohammed bin Zayed al-Nahyan, for whom he is national security adviser.

He also oversees the $800 billion Abu Dhabi Investment Authority and ADQ, another state investment entity, according to the report.

It is, however, not clear how much Altman is seeking to raise for his new venture.

Bloomberg first reported that Altman was in talks over a chip venture with Middle-Eastern investors.

TSMC has chips in Apple’s laptops and phones, along with many ARM and AMD devices.

Meanwhile, Tang Tan, Apple’s VP of iPhone design, is reportedly joining legendary designer Jony Ive and OpenAI CEO Altman and working on a new AI hardware project.

Reports surfaced in November last year that Altman was planning to launch a new AI venture.

OpenAI once had a robotics research division but it was disbanded in July 2021 after encountering technical roadblocks.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalRajasthan CM flags off 42 women PCR vans from police headquarters

InternationalIran-US talks loom with uncertainty after Tehran sets Lebanon ceasefire, asset release as preconditions

AurangabadClass 12-pass agent held from Mumbai for Rs 4.13 cr land scam

AurangabadHusband in 3-day custody for killing divorced wife at Karmad

NationalBJP slams Congress over remarks on Gujaratis, accuses party of 'divisive and abusive politics'

Technology Realted Stories

TechnologyJaipur students launch AI platform for defence families​

TechnologyIndia, Gulf nations align to safeguard trade flows, strengthen supply chains post-ceasefire

TechnologyAI to become integral to governance, must complement human intelligence: Dr Jitendra Singh

TechnologyAir India undergoing 'challenging time', focus on execution: N Chandrasekaran

TechnologyNSFDC disburses Rs 775.26 crore in FY26, logs 27 pc growth