OpenAI plans trillion-scale AI infrastructure Altman hopes to design new financing tools

Sam Altman, chief executive of OpenAI, said he hoped to spend trillions of dollars in the future on the infrastructure building needed to develop and run artificial intelligence services. "You should expect OpenAI to spend trillions of dollars in the not-too-distant future" on data centers, "Mr. Altman told reporters on Thursday." You should expect a bunch of economists to rub their hands and say, 'This is crazy, this is reckless, that sort of thing. And we'll just say,' You know what? Let's do our thing. '"Mr. Altman said the start-up was devising a novel way to fund the spending." I think we can design a really interesting new type of financial instrument for financing and computing power that no one in the world has thought of yet, "he said." We are working hard. "