Sam Altman Raises Billions to Build a Global Network of Semiconductor Fabrication Plants for AI Chips


Sam Altman, CEO of OpenAI, pointed out that the return on a regular university degree will decline rapidly, but not immediately. He predicts that the widespread adoption of artificial intelligence will significantly affect the returns on future education, emphasizing the impact of technological change on the value of traditional degrees.
OpenAI CEO Sam Altman revealed in a podcast that the company's annual revenue far exceeds 13 billion dollars, but he expressed dissatisfaction with the commitment to spend over 1 trillion dollars on computing infrastructure over the next decade. The host pointed out the stark contrast between the revenue and the spending commitment.
OpenAI CEO Sam Altman responds to questions about going public, denying a dispute with Musk. Reports say the company is considering an IPO in the second half of next year, with fundraising of at least $60 billion and a target valuation of $1 trillion, which could become one of the largest IPOs in history.
OpenAI CEO announced an investment of $1.4 Trillion to build AI infrastructure, equivalent to 30 gigawatts of data center capacity. The company plans to spend $1 Trillion annually to support the expansion of AI production capacity, involving chips, data centers, and financing partnerships.
The chatbot application developed by Chinese AI lab DeepSeek has topped the download charts on Apple and Google app stores this week, sparking questions from Wall Street and the tech industry about the sustainability of the U.S. AI leadership and chip demand. The company is supported by quantitative fund Huanfang Quantitative and uses efficient computing technology to train AI models. Its founder, Liang Wenfeng, established the fund in 2015 and used AI to assist in trading decisions.