⚡Sam Altman’s chip venture

ALSO: New AI Glasses Powered by OpenAI

In Today's Article:

  • Sam Altman plans to raise trillions of dollars for chips

  • New AI frames powered by OpenAI

  • NVIDIA enters new chip market

Read time: 3 minutes

Sam Altman’s chip venture

Sam Altman, the CEO of OpenAI, is seeking funds for what would be a revolutionizing chip in the semiconductor sector.

During the ousting of Sam Altman in late '23, there were rumors of him seeking large sums from the Saudi welfare fund to develop a chip - without telling the board members.

He is now in talks with investors in the U.A.E. Government, with experts estimating the project could raise between $5 trillion and $7 trillion.

OpenAI is already the #1 leader in AI; is this move also about selling the picks and shovels?

Today’s News in AI

Brilliant Labs' Frame glasses, priced at $349 for pre-order, are open-source smart spectacles offering AI-powered features like translations, web search, and visual analysis directly on the lens. They come in black, gray, and clear, with an optional prescription lens for $448. Frame uses the Noa app, incorporating OpenAI, Whisper, and Perplexity for various services, and is set to ship on April 15th. Unlike previous smart glasses attempts by North, Bose, and Ray-Ban Meta, Frame is fully hackable and pairs with a custom operating system, featuring a 640x400 micro OLED display, 1280x720 camera, and promises all-day battery life with a unique Mister Power charger.

Source: Brilliant Labs

NVIDIA is creating a new unit to design bespoke chips for cloud computing, AI, telecom, automotive, and video game sectors, aiming to tap into a custom chip market worth $30 billion in 2023. Dominating 80% of the high-end AI chip market, Nvidia's move targets the growing demand for custom AI chips, competing with Broadcom and Marvell. With its H100 and A100 chips, Nvidia plans to offer tailored solutions to clients like Amazon, Meta, Microsoft, Google, and OpenAI. The data center custom chip market is expected to reach $10 billion in 2024 and double by 2025.

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