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OpenAI's Sam Altman Turns To Asia, Middle East For Funds Amid Multitrillion-Dollar Push To Build Next-Gen Data Centers
['Snigdha Gairola']
Benzinga - Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals
OpenAI CEO Sam Altman has launched an ambitious international campaign to secure chips, manufacturing partners, and financing across Asia and the Middle East to fuel the company's multitrillion-dollar expansion of AI infrastructure.
Altman also plans to visit the United Arab Emirates to raise money.
Sources familiar with the meetings said Altman pressed these suppliers, many linked to Nvidia Corp. (NASDAQ:NVDA), to increase production capacity and prioritize OpenAI's orders.
"Our vision is simple: we want to create a factory that can produce a gigawatt of new AI infrastructure every week," Altman wrote in a recent blog post.
OpenAI planned an $850 billion expansion, building data centers that could consume as much energy as 17 nuclear facilities.