Altman’s AI Data Center, Power Project Could Start in U.S.

Altman has said other companies, in addition to OpenAI, would benefit from the project, which would include the build out of data centers, power facilities and chip manufacturing plants to expand AI computing capacity.

Anissa Gardizy

Source:Bloomberg

Anissa Gardizy

Source:Bloomberg

OpenAI CEO Sam Altman’s plan to raise money for new data centers, power sources, and chip manufacturing plants for artificial intelligence will start in the U.S. and could cost tens of billions of dollars, according to a Bloomberg report.

Investors in other countries such as Canada, Korea, Japan and the United Arab Emirates also plan to participate, the report said, adding that Altman has met with the U.S. National Security Council to discuss taking foreign investment for the plan.

It isn’t clear whether Altman has raised capital for the AI infrastructure project or whether it is related to the round of funding OpenAI is currently raising or the new AI server chip OpenAI has discussed designing with Broadcom. Altman declined to comment about the report.

Altman is one of several people looking to start such projects. The Information on Tuesday reported on discussions involving two large-scale AI data centers that would each cost more than $100 billion.