OpenAI's Altman seeks funds for infrastructure expansion on Asia, Middle East tour, WSJ reports

Oct 4 (Reuters) – OpenAI CEO Sam Altman has embarked on a global fundraising initiative spanning East Asia and the Middle East, seeking financing and manufacturing partners to meet the company's demand for its computing capacity, the Wall Street Journal reported on Saturday, citing sources familiar with the meetings. Altman has held discussions since late September in Taiwan, South Korea, and Japan with major suppliers such as Taiwan Semiconductor Manufacturing, Foxconn, Samsung , and SK Hynix to boost AI chip production and secure top-priority orders for OpenAI, the Wall Street Journal said. Reuters could not immediately verify the report. (Reporting by Dheeraj Kumar in Bengaluru; Editing by Alexandra Hudson)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)