OpenAI’s CEO, Sam Altman, is reportedly seeking investors to raise billions of dollars to promote AI development through chip manufacturing.

The Wall Street Journal reported on Thursday that OpenAI’s CEO, Sam Altman, is in discussions with investors to raise billions of dollars to boost chips empowering high-profile AI models, including those used in the semiconductor industry and by AI models like ChatGPT.

According to the report, the United Arab Emirates (UAE) government was also involved in the discussion. As per the WSJ report, an unidentified source mentioned that Altman’s project may require funding in the range of five to seven trillion dollars.

OpenAI emphasized the need for significant financial investment last year to develop advanced language models. Recently, they have also discussed the importance of utilizing cost-effective energy sources to empower AI development.

They support an advanced nuclear fission microreactor startup called Oklo and have expressed their belief in nuclear energy to meet clean energy needs.