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A comment on Altman was raising billions from Middle East sovereign funds for AI chip startup. Parent comment

Re:Altman was raising billions from Middle East sovereign fu... by csours on Saturday November 18, 2023 @04:18PM (#38324569)
Because the Middle East has oil money, and they know that the age of oil is coming to a close (or that there is some risk that it is coming to a close, same same, see also option pricing) and they want to mitigate the loss of income by investing in stuff.
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Re:Altman was raising billions from Middle East sovereign fu... by mikrl on Saturday November 18, 2023 @04:23PM (#38324622)
Money is one thing, geopolitical risk is another much more turbulent force than the markets.
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