Rephrase the title:OpenAI’s Sam Altman and Intel’s Pat Gelsinger defend big spending on AI

AI

Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.: Are you looking to showcase your brand in front of the gaming industry’s top leaders? Learn more about GamesBeat Summit sponsorship opportunities here.  Intel CEO Pat Gelsinger got a lot of press today as he launched Intel Foundry as a systems foundry business designed for the AI era. And he ended the day with an even bigger newsmaker, as he closed an event of Silicon Valley movers and shakers with a fireside chat with OpenAI CEO Sam Altman. Gelsinger is risking a lot, spending $25 billion a year on new chip factories that will take advantage of the U.S. CHIPS and Science Act, and he sought some validation for this strategy from Altman. “You know, stocks go up, stocks go down. Whatever. But over the next couple of decades, those squiggles will even out. We’ll figure out the research challenges [for AI]. And I would bet the world is going to need a lot more wafers than they have today,” Altman said. “Well, that’s good to hear. Because I’m building a lot of factories,” replied Gelsinger, prompting a laugh from the thousand or so people in the crowd. GB Event GamesBeat Summit Call for Speakers We’re thrilled to open our call for speakers to our flagship event, GamesBeat Summit 2024 hosted in Los Angeles, where we will explore the theme of “Resilience and Adaption”. Apply to speak here The center of our attention Credit: VentureBeat made with OpenAI DALL-E 3 After a dramatic firing and rehiring last year, Altman became pretty famous as the leader of the free world when it comes to accelerating the development of generative AI, which has transformed our lives with AI chat and fanciful art imaginings. And generative AI has produced so much demand for chips — rival chip maker Nvidia saw its revenues grow 265% to $22 billion in its quarter reported today — that it is producing the perfect spiral, where software demand grows so huge that it creates accelerated demand for hardware in the form of chips that the likes of Intel and Nvidia design. Gelsinger said that Intel has received $15 billion in orders for its Intel Foundry, which will make chips for third-party chip design companies — presumably those who need tons of data centers like Altman. Altman said he believes that pretty soon AI will just be woven into every company’s strategy. “I remember when the iPhone first came out electronics sort of like this. Everybody was, like, ‘What’s your mobile strategy?’ Then, not that long after that, people stopped talking about it because it would be crazy not to have something that worked well on the phone. And I think that’s what’s going to happen” when it comes to AI, Altman said. “I call it miraculous to mundane. A breakthrough technology does that very rapidly within just a couple of years,” Gelsinger said. Moving fast Credit: OpenAI/X People are no longer stopping Altman on the street and asking him if ChatGPT is really real. But they are expecting better and better AI, as Altman said they adapt quickly to new technology and increase their expectations for what the software developers should deliver. “I think that’s great. And I think we will continue to deliver. And I think people will continue to get used to it,” Altman said. “And what people will be capable of achieving with these tools, in another five or 10 years, will be quite remarkable. It’s not even that people will just be able to do more work faster. We’ll be able to do things that we just couldn’t do before. That we just weren’t smart enough to do before on our own, and these new tools will enable us to be great.” Gelsinger said he wanted to go further into the future and ask what the hard problems are when it comes to AI research. He said we have made great progress, but where are the AI problems? Altman said it’s “cool to watch the frontier of discovery get pushed back so rapidly.” But if there is one fundamental thing people want, it is “they just want the system to get smarter.” Steady progress Intel’s D1X factory in Hillsboro, Oregon. Until recently, you couldn’t generate a video (and now you can with OpenAI Sora). “We have one job within our research team, which is figure out how to make the system smarter,” Altman said. “And if we continue to deliver on that, and we keep finding new ways to do it, then all the ways people use it, the incredible things people build on OpenAI, all of the stuff people use ChatGPT to do,all that just lifts up. And that’s a fun challenge. You just have to push it.” Asked what keeps him up at night, Altman said he worries about the problems but does sleep OK. “We know that GPT4 is not very good. But we know what we need to do better. And we know GPT5 is going to be better than that. And that’s fine with me,” Altman said. “There’ll be new problems. And it’s fun to have problems to work on. So we’ll get to sort those out once we knock out the current ones.” The consumers and techies pushing them forward motivates OpenAI to do better, Altman said. “But we have a research approach, like a macro research approach, and a more specific one that we believe in, and we’re just going to keep pushing on.” Gelsinger noted that he’s been know to say that “We’re not done with Moore’s Law until the periodic table is exhausted.” Technology optimism Credit: VentureBeat made with OpenAI ChatGPT DALL-E 3 Gelsinger added, “I appreciate your fixation on the science of AI, what it just takes to make these systems better and better. As they get smarter and smarter, you and I are both technology optimists.” Gelsinger noted there are many people worried about the implications that AI could have on society and jobs and not being controlled or managed. Gelsinger asked Altman what he thinks of those implications. “I am a tremendous optimist in general, but particularly, I think there are a lot of things that we have to master. And there are risks,” Altman said. Zooming out, Altman said he thinks the future is going to be a lot more solvable. If we have tools that can help us discover some kind of incident much faster, or we can cure every disease, learn more about the universe, or harness more scientific knowledge to make better technologies or provide everybody with a great education and great healthcare, these are big deals, he said. “I totally respect the question about what’s going to wrong,” Altman said. “I wish you would ask more often what’s going to go right. But since you didn’t ask, I’ll talk about what’s gonna go wrong.” Looking at the risks is important, Altman said. A big part of why they started OpenAI was “imagining a tool like ChatGPT getting into the hands of someone who wants to cause harm,” he said. He added, “You can imagine just the unintended consequences of a system like that running, which people have been making movies about for a long time. We do a lot of work on alignment and safety and what it takes to responsibly deploy these systems and be prepared for even if things go well, what some of the negative socio-economic impacts will be. And he said, “And this is going to require a whole of society response. This is not just something where you get the technology. You’ve got to really internalize how much this is going to impact and have a nimble public policy response to it, even if you’ve got all of the technical safety work. But in the short term, in addition to all of that, I think we will see stuff like potential impact on elections. I think there are risks that people are starting to look at more seriously about.” The risks of AI and the need to be responsible Those risks…