Gelsinger, in his opening address, painted a picture of the transformative potential of AI-equipped chips. And he envisioned a revitalization of his company in what he termed the “Siliconomy.”
Meanwhile, OpenAI, backed by tech titan Microsoft, has emerged as a leader of innovation since the launch of its groundbreaking AI model, ChatGPT, in late 2022. OpenAI has benefitted from millions in investors dollars primarily from Microsoft.
As a believer in technological advancement, he claims that a boost in processing power, will create the need for additional substantial investment to ramp up manufacturing capacity.
Now he finds himself in a fierce competition with industry heavyweights like Google, Anthropic, and Inflection AI.
The disparity between supply and demand underscores Altman’s quest for additional funding.
He believes that there is a need for a potential multi-trillion-dollar initiative to bolster the industry’s infrastructure.
Emphasizing the imperative of sustaining the AI momentum, Altman envisions a future where AI-driven content surpasses human-generated content—a narrative he believes will ultimately yield positive outcomes despite the speculations of other experts.
The Competition
Nvidia stands as a frontrunner producer of AI chips. And reaping the rewards of its early foray into GPU production, crucial for powering AI applications like ChatGPT and Google’s Gemini chatbot.
