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OPENAI’S AMBITIONS OUTSPEND ITS INCOME
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OPENAI’S AMBITIONS OUTSPEND ITS INCOME

So far this year, OpenAI—which valued itself at $500 billion in a recent stock deal—has contracted for $60 billion a year in Oracle computing services, paid $18 billion as a partner  in a data service project, spent $10 billion on state-of-the-art computer processors, and said it will build a brand new AI device.

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UNUSUAL COINCIDENCE: HEAD OF UAE’S SOVEREIGN WEALTH FUND DEPOSITS $2B IN TRUMP’S SONS’ WORLD LIBERTY FINANCIAL JUST BEFORE U.S. ALLOWS EMIRATES TO BUY MOST ADVANCED COMPUTER CHIPS

An investment firm tied to Sheikh Tahnoon bin Zayed Al Nahyan deposited $2 billion into World Liberty Financial, the cryptocurrency company led by U.S. President Donald Trump’s sons and the son of his top envoy Steve Witkoff, just two weeks before the administration allowed Abu Dhabi to have access to the world’s most powerful computer chips—raising new ethical concerns.