OpenAI Altman in talks to raise funds for Chips AI initiative In a groundbreaking move, OpenAI‘s CEO, Sam Altman, is actively engaging with potential investors, including the UAE, to secure funding for a transformative tech initiative. The primary goal is to bolster global chip-building capacity, a crucial step in advancing the capabilities of artificial intelligence (AI). As reported by the Wall Street Journal, this initiative aims to address challenges hindering OpenAI’s growth, particularly the scarcity of AI chips essential for training large language models like ChatGPT. This blog explores the background, current scenario, significance of AI hardware, funding goals, industry…