OpenAI plans trillion-dollar AI infrastructure; Altman hopes to design new financing tools
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OpenAI CEO Sam Altman says he hopes to invest trillions of dollars in the future on the infrastructure needed to develop and run artificial intelligence services. "You should expect OpenAI to invest trillions of dollars in the near future" on data center construction, Altman told reporters on Thursday. "You should expect a bunch of economists to rub their hands and say, 'This is crazy, this is reckless,' and so on. And we're just going to say, 'You know what? Let's do our thing.'" Altman said the startup is designing a novel way to fund this spending. "I think we can design a very interesting new type of financial instrument for financing and computing power that no one in the world has thought of yet," he said. "We're working on it."
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