Aishe News

In a breathtaking turn of events, the Gulf states are taking the heart of the technology world by storm. With dizzying sums from their bulging sovereign wealth funds, they are catapulting themselves to the forefront of the AI revolution and making even tech giants like Microsoft green with envy.     how oil-rich Gulf states are pumping billions into future technologies and competing with tech giants. The gold rush of the 21st century Forget oil - the new black gold is called artificial intelligence. Saudi Arabia, the United Arab Emirates, Kuwait and Qatar have recognized this and are putting everything on one card. Last year, their investments in AI companies literally exploded, increasing fivefold. The newly founded AI fund MGX from the Emirates is now even getting involved in the shooting star OpenAI. With a colossal valuation of 150 billion dollars, OpenAI is becoming the object of desire for investors from the desert.     David against Goliath? No way! W...

OpenAI, at the forefront of artificial intelligence (AI) development, is turning its attention to Israel, recognizing the country's potential to play a significant role in mitigating AI risks. During a recent visit to Israel, OpenAI CEO Sam Altman expressed his optimism about the country's capabilities and identified investment opportunities. This strategic move comes as OpenAI continues to advocate for responsible AI use and calls for swift government regulations. Let's delve into the details and understand the significance of this development.   Investment Prospects and Microsoft's Support: During his visit, Altman confirmed OpenAI's consideration of investment opportunities in Israel. Microsoft Israel's R&D center, a key supporter of OpenAI, hosted Altman at its headquarters. This collaboration not only strengthens the bond between the two entities but also underscores the mutual belief in Israel's potential as an AI hub.   Israel's Pivotal Role i...