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Dec 25, 2023

US Compels Saudi Fund to Exit AI Chip Startup Backed by Altman

Posted by in categories: finance, robotics/AI

The Biden administration has forced a Saudi Aramco venture capital firm to sell its shares in a Silicon Valley AI chip startup backed by OpenAI co-founder Sam Altman, an exit that could have broader implications for the Middle Eastern country’s growing investments in US technology.

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