SAN FRANCISCO - OpenAI CEO Sam Altman is engaged in discussions with Taiwan Semiconductor Manufacturing Company (TSMC) and Middle Eastern investors, including Sheikh Tahnoon bin Zayed al-Nahyan, to establish a new venture for producing AI-specific semiconductors. This initiative marks a significant strategic pivot for OpenAI, aiming to lessen its dependence on Nvidia (NASDAQ:NVDA), which has been a dominant force in the AI chip market.
In pursuit of this goal, the venture is seeking substantial financial backing, with efforts to secure up to $10 billion in funding. If successful, this move could challenge Nvidia's current industry leadership by introducing a new player in the AI chip market, backed by the expertise of TSMC, a world leader in semiconductor manufacturing, and the financial support of influential Middle Eastern investors.
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