Sam Altman, CEO of OpenAI, saw the funding of the global chip venture.

OpenAI CEO Sam Altman aims to use the money raised for the chip venture to establish a series of semiconductor manufacturing facilities, sources familiar with the plans reported on Jan. 19.

According to Bloomberg, Altman has been in talks with a number of important investors to get the money needed to set up chip manufacturing plants, commonly known as fabs. The initiative will include collaboration with major chip manufacturers, and the fab network will be global.

The Abu Dhabi-based G42 and Japan's Softbank Group are in initial discussions with OpenAI, and a full list of partners and funders is yet to be finalized, the report said. OpenAI's talks with the G42 are said to aim to raise $8 billion to $10 billion by October 2023.

The current status of the discussions is unclear. The report lists Intel, a Taiwanese semiconductor manufacturing company, and Samsung Electronics as possible partners for OpenAI.

Related: OpenAI and Arizona State University partner for ChatGPT implementation

OpenAI isn't the only artificial intelligence company looking to invest in chips. Meta CEO Mark Zuckerberg said on Thursday, January 18 that the company plans to invest heavily in specialized computer chips to build and deliver innovative AI models and products.

Zuckerberg explained that Meta will grow its technology infrastructure. Meta plans to acquire 350,000 H100 graphics processing units (GPUs) from chip designer Nvidia by the end of the year.

Altman, who joined OpenAI in November after his dramatic ouster, will resume his Chips project efforts upon his return, Bloomberg reports. He also discussed the plan with Microsoft if they showed interest.

Aside from the CEO's desire for semiconductor chips, Altman believes that the future of artificial intelligence depends on a great and uncertain form of energy that is lacking today.

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