Famous investor Maysayoshi Son plans to tap investors in the Middle East for ~$70 billion for the new chip project according to Bloomberg.
With SoftBank providing the remaining $30 billion.
This venture, which will aim to rival $NVIDIA (NVDA.US)$ , come just weeks after reports that OpenAI Founder Sam Altman was also seeking to raise funds ($5 - $7 trillion...) for an AI chip buildout from the ...