OpenAI's CEO Sam Altman aims to raise trillions for AI infrastructure development. He anticipates significant spending on data centers within the near future and seeks funding through innovative financial instruments. Recently, Altman participated in announcing a $500 billion infrastructure venture, but he envisions expenses far exceeding that. He compared the current AI investment interest to the late 1990s dot-com bubble, noting that while investors might be overly enthusiastic, the underlying technology is genuine and impactful. Altman also mentioned OpenAI's interest in enhancing privacy via chat encryption and the potential acquisition of the Chrome browser.
OpenAI plans to invest trillions of dollars in developing infrastructure for AI services, with CEO Sam Altman emphasizing that they will pursue necessary funding, regardless of critics.
Altman expressed confidence in developing a new financial instrument for funding AI infrastructure, indicating it is an area not fully understood yet by the financial world.
During a conversation, Altman criticized overly cautious economists regarding AI investments and reflected on parallels between the current AI investment surge and the dot-com bubble.
Altman noted that, although investors may be overly excited about AI, the technology is 'real' and is expected to have a lasting impact on society.
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