In a significant move to address the AI chip shortage, Sam Altman, CEO of OpenAI, is reportedly raising funds amounting to 70 times $100 billion, approximately $7 trillion, to invest in the development of AI chips. This initiative underscores the burgeoning demand and potential of the AI market, paralleled by Softbank's Son, who is also raising $100 billion for a similar purpose. The concerted efforts by these tech leaders highlight the expansive growth and economic potential of the AI industry. Moreover, Altman's plans for AI have implications for major tech companies, including Intel, indicating a collaborative approach towards enhancing AI infrastructure. The importance of this development is further emphasized by an upcoming foundry conference in Downtown San Jose, featuring Altman, the U.S. Secretary of Commerce, and Intel's CEO, which aims to discuss and possibly expand on these initiatives.