“In the next couple of decades, we will be able to do things that would have seemed like magic to our grandparents.” – Sam Altman (in his latest Op-Ed).
Hello Everyone,
Things are getting weird in AI again, OpenAI thinks it’s worth $150 Billion while Anthropic thinks its worth $40 Billion, while Sam Altman penned an essay that feels like it was written by AI.
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GIP is now BlackRock’s infrastructure investment unit and Sam Altman managed to convince them to team up with Microsoft to start the AI infrastructure plan to siphon oil money from the UAE and Saudi to build the future of AI datacenters, next-gen Energy and AI chips for his startup OpenAI.
MGX, a United Arab Emirates (UAE) state-backed technology investment company is involved in OpenAI’s latest funding round and the above Microsoft Consortium for AI infrastructure called . This is the project Sam Altman was raving (7$ trillion according to OpenAI’s comms team) at the start of the year needed $Trillions in funding to manifest.
MGX, the United Arab Emirates (UAE) state-backed technology investment company, is reportedly considering participating in a multibillion funding round for OpenAI in addition to this, where OpenAI apparently insists a minimum of $250 million is required to participate, according to the Information. That MGX is both part of the Consortium and OpenAI’s funding round is directly due to Sam Altman. His version of “God-mode” is simply to lure oil money out of the Middle East to create an AI hegemony for U.S. led interests.
Trying to paint a utopian vision for Generative AI’s end-game of AGI, is all part of Sam Altman’s warped PR campaign that reminds one of SBF, who ironically had invested in Anthropic on the grounds of AI saftey. Meanwhile Microsoft is getting in bed with the AGI hype in what is shaping up to be very probably, a massive ponzi scheme:
“I believe the future is going to be so bright that no one can do it justice by trying to write about it now; a defining characteristic of the Intelligence Age will be massive prosperity.” – Sam Altman
Sam Altman is a fairly prolific investor on a personal basis and his generic PR and ability to lure tycoons into his games is one of his defining features, and frankly, one of his best qualities as a CEO.
Let’s explore some of the latest news around this in a bit more detail including how the Middle East is betting big on AI.
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