Saturday, January 20, 2024

Sam Altman seeks to raise billions for network of AI chip factories

Altman has had conversations with several large potential investors in the hopes of raising the vast sums needed for chip fabrication plants, or fabs, as they’re known colloquially, said the people, who requested anonymity because the conversations are private.

from Tech-Economic Times https://ift.tt/wuzUc5I

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Rare earth shortage hits electronic component companies

While applications under the scheme have surged past 110 now, at least 10 firms have sounded out worries at a time when the industry is keen...