Sam Altman is in talks with investors, including the UAE government, to raise funds for an AI chip initiative that could cost as much as $5 Trillion to $7 Trillion... Is he building a god?

Legend says Sama refused to learn DSA for Microsoft Interview after getting inspired by some Indian LinkedIn Influencers.

- OpenAI CEO Sam Altman is rallying global investors to build AI infrastructure in the US, costing tens of billions of dollars. - The plan includes data centers, energy capacity expansion, and semiconductor manufacturing. - Investors from Canada, Korea, Japan, and the UAE are likely backers, with Microsoft as a potential partner. - Altman has been meeting with investors worldwide, including in Japan, Korea, Canada, and the UAE. - The initiative aims to boost US technological lead and create jobs, but may face national security scrutiny. Source: [Bloomberg](https://www.bloomberg.com/news/articles/2024-09-03/altman-infrastructure-plan-aims-to-spend-tens-of-billions-in-us)

Everyday I open youtube/grapevine/teamblind its has keywords AI + Shocked or it will replace our jobs. My take on why AI might not replace our jobs. 1. Running AI agents or AGI requires significant electric power. If every company starts using it in some way in the future. All the code might be exposed. What if AGI builds its own version and starts selling and shuts down its employer considering its super intelligence. 2. If people dont pay taxes. How will government run? Who will buy the products in the market? Wont people start stealing/hurting others to meet basic needs? 3. Many jobs in todays world use computers in someform. But we only talk about the software engineers. There are non tech people who use computers in their works. Those are pretty much repetitive and can be easily automated. Many are not aware about chatgpt. On the other end people talk about alternative jobs and the safest job is farming in most of the posts. 1. Cant the rich build humanoid robots to do the same. Can't big corporates buy lands and build vertical farms and run with robots. 2. What big corporates are going to do with the excess money laying us off in the end if all the jobs are taken, as if the people running or owning them are going to live their life eternally. Unless they find a way to upload their existence into a robot. 3. I'm not sure if people posting about AI taking jobs have worked on atleast building basic ML models like linear regression or used MNIST data to detect numbers using neural networks. For most of us AI is a blackbox and we do not know about its full potential. My take on AI 1. AI can aid humans in their tasks or make developers like us to wear multiple hats. Like combination of backend, frontend, mobile, devops, machine learning, cybersecurity. Helpnus better debug. 2. I feel like all these CxO's just blabber to get high funding, spread fear while they chill in their yatch. Let me know your thoughts on this.

- OpenAI is aiming to raise at least $5bn at a $150bn valuation from investors like Apple, Nvidia, Microsoft, and Thrive Capital. - The San Francisco-based AI start-up is in talks with investors to fund its ambitious AI model development plans. - Thrive Capital, led by Josh Kushner, is expected to invest $1bn in this round. - The total fundraising could exceed $6.5bn, with Microsoft already having committed $13bn to OpenAI. - Despite rapid growth and $2bn in annual revenue, OpenAI remains lossmaking due to high development costs and increasing competition. Source: [Financial Times](https://www.ft.com/content/dde0855e-4543-4d3a-8ff5-e6fb3c3ff305)

- Safe Superintelligence (SSI), co-founded by Ilya Sutskever, has secured $1 billion in funding. - The funds will be used to acquire computing power and hire top talent. - SSI is valued at $5 billion and has 10 employees split between Palo Alto and Tel Aviv. - Investors include Andreessen Horowitz, Sequoia Capital, and DST Global. - Sutskever aims to develop safe AI systems that surpass human capabilities. Source: [Reuters](https://www.reuters.com/technology/artificial-intelligence/openai-co-founder-sutskevers-new-safety-focused-ai-startup-ssi-raises-1-billion-2024-09-04/)

Honestly this sounds a bit low given it is Softbank. It should've been like Softbank trying to raise a $500 billion fund for AI.

Hi all, I graduated from IIT Delhi and have been working at well established startup since. So for a while I have been wondering why we don't have any deep tech startups doing innovation. Don't get me wrong, there are startups doing innovations but not the kind of innovation which we would call industry shattering or taking the level up a notch. Most of these innovations are just integrating what others are doing in an aggregated platform. I again wondered this today when I saw cognition launching Devin the AI software engineer. They have a pretty small yet highly talented team. We in India too have highly intelligent folks educating themselves in CS, why don't we have this mindset (even I don't have this mindset). Is it about the difference in culture or a sense of security that folks in the US have that helps them be free from an economic point of view and try innovative things ?

- Apple and Nvidia reportedly discussing investment in OpenAI's new funding round - Thrive Capital expected to lead with $1 billion investment - Microsoft, OpenAI's largest investor, likely to participate - OpenAI's ChatGPT integration boosting Apple's AI strategy - AI arms race driving high valuations and investments across industries Source: [The Hindu](https://www.thehindu.com/sci-tech/technology/apple-nvidia-in-talks-to-join-openai-funding-round-reports-say/article68584312.ece/amp/)