2024-03-16 15:51:08
The British newspaper “Financial Times” said on Friday that “MGX Investment Company, which is supported by the Abu Dhabi government, is in discussions to invest in the chip project of the OpenAI company responsible for the GPT chat program.”
The newspaper explained, quoting two sources, “that the Emirati company MGX is in the initial stages of discussions regarding a financing deal with OpenAI.” She noted that the CEO of OpenAI, Sam Altman, is looking into the possibility of launching projects specialized in semiconductors with the aim of reducing its dependence on the famous “Nvidia” chips.
In the same context, the newspaper revealed, “The estimates presented by Altman and others regarding the cost of establishing artificial intelligence infrastructure ranged from hundreds of billions, up to seven trillion dollars in the coming years, which may limit the entry of technology companies into these investments directly and the search for countries.” Funded for these projects.
The British Financial Times reported earlier this month that OpenAI had held discussions with Temasek Holding Company in Singapore for a financing deal as well.
In addition, MGX, a company that focuses on artificial intelligence and is headed by the Emirati National Security Advisor, Sheikh Tahnoun bin Zayed, announced this week that “the country will use its wealth, abundant energy sources, and political support in order to give it an advantage in the race to become… A global center for artificial intelligence.
The newspaper continued, according to its sources: “The Emiratis are looking forward to creating a structure that would place Abu Dhabi at the center of artificial intelligence strategies with international partners around the world.”
The Emirati Minister of Artificial Intelligence, Omar Al Olama, said that “Tesla owner Elon Musk, who recently launched the XAI company to compete with Open AI, is also interested in partnering with the Gulf country,” adding: “I do not think that “It’s a long shot for him (Musk) to do something (AI-related) here.”
In a related context, a number of scientists whom Musk met for the first time in 2017, and several times following that, confirmed that “the economy will dictate what he (Mask and others here) will do,” while Musk did not respond to the British newspaper’s request for comment.
The newspaper added, “Sheikh Tahnoun, who is the brother of the President of the Emirates, Sheikh Mohammed bin Zayed, oversees a sprawling empire worth $1.5 trillion that includes two sovereign wealth funds in addition to private companies. He heads the “G42” group, which includes companies focused on artificial intelligence and is based in The Emirates, which is supported by Abu Dhabi’s sovereign investment fund “Mubadala,” and boasts partnerships with “OpenAI,” “Microsoft,” and “Cerebras.”
The scholars confirmed to the newspaper that “the UAE has not taken a political decision to prefer the United States over China in any project related to artificial intelligence.” While the UAE has developed important relations with China, especially in the field of technology.
Washington has imposed restrictions on the export of digital components to China, including advanced artificial intelligence chips, for reasons of national security and because of their potential use in activities that the United States considers inconsistent with basic rights.
1710612466
#UAE #seek #global #influence #artificial #intelligence..
