Singapore's state investment firm, Temasek Holdings, is in investment talks with Sam Altman, the CEO of OpenAI. Altman is seeking funds to launch a semiconductor business aimed at reducing reliance on advanced chips manufactured by Nvidia. Despite OpenAI's ongoing losses, its revenue has seen significant growth since the launch of ChatGPT in November 2022.
Temasek of Singapore Plans to Invest in OpenAI, Negotiating with CEO Sam Altman

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