OpenAI CEO Sam Altman said Monday at the Adipec conference in Abu Dhabi that artificial intelligence will fundamentally change the economic model of the energy industry. He also said OpenAI has signed agreements with energy companies, investment institutions, and government bodies in the United Arab Emirates to deploy its technology and deepen cooperation. Altman added that the company is seeking billions of dollars in funding from the country’s state-backed investors. The remarks were reported by Bloomberg and cited by Techub News. The update centers on OpenAI’s push to expand its presence in the UAE through partnerships tied to technology deployment and capital support.
OpenAI Chief Executive Officer Sam Altman said Monday at the Adipec conference in Abu Dhabi that AI will fundamentally change the economic model of the energy industry.
Altman also said OpenAI has signed agreements with energy companies, investment institutions, and government entities in the United Arab Emirates to deploy its technology and deepen cooperation. He added that the company is seeking billions of dollars in funding from the country’s state-backed investors, according to Bloomberg.
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