Carol Masser

I'm happy to share with you that the first batch of the most advanced AI chips will be shipped to the UAE probably in the next couple of months.

They are mostly NVIDIA, but we also received the export license for Cerebus chip, which is a company we backed to start up in California, and also AMD.

Yeah.

Did you have to give security assurances to the U.S.?

Absolutely.

In fact, it was not just a theoretical pledge.

It's something we had to practice for the past three years now to physically demonstrate we have the ability to ensure the safety and security of these advanced technologies from the U.S.

that there's no possibility for that technology to be passed on elsewhere.

It cannot be transshipped.

There's no backdoor for remote access by unapproved parties, so on and so forth.

I think there are three probably major factors to cause concern or doubt or even fear in this global AI movement.

One is that it's clear now, as we discussed earlier, AI has entered our societies.

AI is demonstrating it potentially can do many things humans are doing today.

So job security is one concern.

That's number one.

Number two, as we have seen, AI does require so much electricity

Especially in the U.S., there are such debates already.

Can these data centers eventually take power away from people who need it to be left in the cold and have AI consume all the power?

This is power concern number two.

Number three really is the concern about security.