meta_pixel
Tapesearch Logo
Log in
Tech Brew Ride Home

Fri. 02/09 – Sam Altman Wants To Raise $5 Trillion Dollars. With a T.

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 9 February 2024

⏱️ 20 minutes

🧾️ Download transcript

Summary

Sam Altman wants to raise more money for his chip ambitions than the entire semiconductor industry. The Feds might put the breaks on Microsoft’s acquisition of Activision… again. Is Ring raising its subscription doorbell prices too much? And, of course, the weekend longreads suggestions. Sponsors: Robinhood.com/boost Links: Sam Altman Seeks Trillions of Dollars to Reshape Business of Chips and AI (WSJ) Exclusive: Nvidia chases $30 billion custom chip market with new unit -sources (Reuters) Disney’s Epic Deal Values Fortnite Maker at $22.5 Billion, a Sharp Cut (The Information) Activision Had Planned Layoffs Before Merger, Microsoft Says (Bloomberg) Ring video doorbell customers angry at 43% price hike (BBC) Ring is raising the price of its cheapest subscription plan by 25 percent (The Verge) Arm shares surge 48% after SoftBank-controlled chip designer issues strong forecast (CNBC) Weekend Longreads Suggestions: Can AI Unlock the Secrets of the Ancient World? (Bloomberg Businessweek) AI Just Discovered 'Unreadable' Ancient Scrolls (National Geographic) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Tech Meme Right Home for Friday, February 9th, 2024. I'm Brian McCullough today.

0:09.0

Sam Altman wants to raise more money for his chip ambitions than the entire semiconductor industry.

0:15.3

The feds might put the brakes on Microsoft's acquisition of Activision again.

0:19.9

Is Ring raising its subscription doorbell prices too much and of course the weekend long

0:25.1

rate suggestions here's what you miss today in the world of tech.

0:29.4

When I say it sounds like Sam Altman is serious about the hardware end of AI, I mean

0:37.2

it sounds like he's really serious. Sources are telling the Wall Street Journal

0:41.4

that Sam Altman is in talks with investors, including

0:45.0

the United Arab Emirates government, to raise funds for an AI-CHIP initiative that would require

0:51.0

raising as much as five to seven trillion dollars.

0:54.9

Let me say that again.

0:56.2

He's looking to raise five to seven trillion dollars with a T.

1:01.0

Quote, the fundraising plans which face significant obstacles are aimed at

1:05.4

solving constraints to open AI's growth, including the scarcity of the pricey

1:09.7

chips required to train large language models behind AI systems such as ChatGPT.

1:14.7

Altman has often complained that there aren't enough of these kinds of chips, known as

1:18.5

graphics processing units or GPS, to power Open AI's quest for artificial general intelligence, which it defines as systems

1:25.2

that are broadly smarter than humans.

1:27.4

Such a sum of investment would dwarf the current size of the global semiconductor industry.

1:33.0

Global sales of chips were 527 billion dollars last year

1:38.0

and are expected to rise to $1 trillion annually by 2030.

1:42.0

Global sales of semiconductor manufacturing equipment, the costly machinery

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Amalgamated Internets, LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Amalgamated Internets, LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.