From The Register: 2024-04-11 20:31:00

OpenAI CEO Sam Altman proposes a global consortium to fund the AI industry in the UAE. Discussions include funding for AI infrastructure, energy, and semiconductor supplies. Altman has sought billions of dollars from industry giants to build chip fabs for machine learning. Talks also focused on datacenter growth and alternative power sources like nuclear energy.

The UAE, known for AI investments, plans to invest in AI infrastructure. G42, a UAE investment group, faces scrutiny for supplying China with AI tech. Altman has engaged with Western nations and will head to Washington next. Unclear costs but estimates suggest Altman’s proposals could cost billions or even trillions to realize.

Altman’s ambitions for AI advancement may require significant investment globally. Reports initially claimed he was seeking trillions, which he denied. Altman emphasized the need for substantial AI computing investment. Despite efforts to ramp up production, GPUs and accelerators for AI models remain in short supply, with demand likely to exceed supply for the foreseeable future.



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