When a chief executive asks for trillions, not billions, when raising funds you know a sector may be getting a bit too hot.
In the long run, generative artificial intelligence will transform many industries and the way people work. But a report that OpenAI chief executive Sam Altman is talking to investors about an artificial intelligence chip project has raised a lot of questions.
A person familiar with the talks was cited as saying the project could require raising as much as $7tn. Scoring even a fraction of that figure — more than the combined gross domestic products of the UK and France — would seem a stretch, to put it mildly.
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