The AI Chips Revolution: Intel and OpenAI CEOs Strategize 

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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.