Open AI CEO Sam Altman is "swinging for the fences" according to Macquarie Equity Research analysts in a note Monday.
The firm, reacting to reports that Altman is reportedly pitching Middle Eastern states on a $5 trillion to $7 trillion project to reshape the semi supply chain, also noted that OpenAI is reportedly building autonomous agents.
They described this as a boon for AI automation yet "also a risk for venture capital (VC)-backed API-wrapper apps.
Meanwhile, the firm said that AI-generated Fake-ID-as-a-Service and declining source code quality suggest there are new negative externalities from AI.
"It's worth watching Sam Altman when he swings for the fences, and asking for a few trillion dollars of investments from investors including Middle Eastern states like the UAE looks like he's trying for a home run," the firm wrote.
"A massive, global initiative to diversify the semi supply chain makes sense when considering that OpenAI and other AI ventures have been constrained primarily by access to GPUs and availability of data," they added.
Macquarie also believes that a vertically integrated AI supply chain would align with Altman's personal portfolio, which includes Helion Energy (research-stage fusion energy), and may be appealing to states seeking hedges against peak oil.
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