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ICYMI: “Abu Dhabi Targets $100 Billion AUM for AI Investment Firm”

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Author: climateer
Probably the reason OpenAI’s Sam Altman was in the UAE talking about raising $7 trillion for chips and cheese or something. A big ask in anybody’s book.Here’s hoping it doesn’t become another SoftBank Vision Fund which was the same $100 billion size and for the first few years of its life mainly succeeded in jacking up the price of speculative private investments before roller-coastering into a
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