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2 months ago

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A $40 billion AI investment fund?

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That's what this NYT report says a16z and Saudi Arabia's Public Investment Fund are considering, which may explain the rumors that Elon Musk (who denied them), Sam Altman, and others looking to the Middle East to fund their AI dreams. It also recalls last fall's news that the US government added an “additional licensing requirement” for Nvidia and AMD AI shipments to unspecified Middle Eastern countries.

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A $40 billion AI investment fund?

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