OpenAI is seeking huge funding to grow its semiconductor business and reduce its reliance on Nvidia's high-end chips. The move is designed to cope with the company's growing computing needs and reduce costs. Although OpenAI is still losing money, its revenue has increased significantly since the launch of ChatGPT in November 2022, showing huge market potential and development prospects. Temasek Holdings, as a state-owned investment institution in Singapore, is in investment negotiations with OpenAI CEO Sam Altman, which will have a major impact on the future development of OpenAI and also heralds the continued heating up of investment in the AI field.
Singapore’s state-owned investment institution Temasek Holdings is in investment talks with OpenAI’s CEO Sam Altman. Altman is seeking funding to launch a semiconductor business aimed at reducing reliance on cutting-edge chips made by Nvidia. Although OpenAI is still losing money, its revenue has grown significantly since the launch of ChatGPT in November 2022.
Temasek Holdings’ investment intention in OpenAI shows that the global capital market continues to be optimistic about AI technology. This move will not only provide financial support for OpenAI and promote its technological innovation, but also promote the further development of the semiconductor industry chain. In the future, the cooperation between OpenAI and Temasek will deserve continued attention.