Daniel Khachab

And let's continue. Close to 100%, if you go on the infrastructure part, close to 100% of all GPUs are built in Taiwan. Obviously, for geopolitical reasons, everyone is trying to de-risk Taiwan. So where are these factories going to be built? I don't see them. I see, for example, the UAE wanting to support hundreds of billions to create them there.

I see the US, like literally the White House, probably one and a half months ago, they issued like this paper in which they urged the military to find real estate so they can build this stuff. And then we can continue like we're going to need a lot of energy to it as well for those data centers. People are investing into that energy production in the US, in the Middle East.

I see the US, like literally the White House, probably one and a half months ago, they issued like this paper in which they urged the military to find real estate so they can build this stuff. And then we can continue like we're going to need a lot of energy to it as well for those data centers. People are investing into that energy production in the US, in the Middle East.

I see the US, like literally the White House, probably one and a half months ago, they issued like this paper in which they urged the military to find real estate so they can build this stuff. And then we can continue like we're going to need a lot of energy to it as well for those data centers. People are investing into that energy production in the US, in the Middle East.

I don't see that in Europe. And to me, it's like, hey, in Europe today, we're not producing the chips. We're not producing the energy. We don't have the foundational layer models. So in that sense, these countries that don't possess those three elements are not really sovereign countries when it comes to AI.

I don't see that in Europe. And to me, it's like, hey, in Europe today, we're not producing the chips. We're not producing the energy. We don't have the foundational layer models. So in that sense, these countries that don't possess those three elements are not really sovereign countries when it comes to AI.

I don't see that in Europe. And to me, it's like, hey, in Europe today, we're not producing the chips. We're not producing the energy. We don't have the foundational layer models. So in that sense, these countries that don't possess those three elements are not really sovereign countries when it comes to AI.

And if we believe that AI is truly as revolutionary of a technology like electricity was when it was first introduced, then we're not sovereign as a country in the first place. To your question, where would we go? First of all, we would need to go to a country that has AI sovereignty.

And if we believe that AI is truly as revolutionary of a technology like electricity was when it was first introduced, then we're not sovereign as a country in the first place. To your question, where would we go? First of all, we would need to go to a country that has AI sovereignty.

And if we believe that AI is truly as revolutionary of a technology like electricity was when it was first introduced, then we're not sovereign as a country in the first place. To your question, where would we go? First of all, we would need to go to a country that has AI sovereignty.

I mean, I'm not sure if we're not going to get it. I think we're just going to get it last. It's just going to take longer.

I mean, I'm not sure if we're not going to get it. I think we're just going to get it last. It's just going to take longer.

I mean, I'm not sure if we're not going to get it. I think we're just going to get it last. It's just going to take longer.

So I think, you know, very interesting example, the German government wanted to fund Intel to put a chip production plant in Germany, forgot if it's 10 or 20 billion, which is obviously too little, but it's a great start. And because obviously the problems that Intel is having, they said, okay, no, sorry, we won't do it.

So I think, you know, very interesting example, the German government wanted to fund Intel to put a chip production plant in Germany, forgot if it's 10 or 20 billion, which is obviously too little, but it's a great start. And because obviously the problems that Intel is having, they said, okay, no, sorry, we won't do it.

So I think, you know, very interesting example, the German government wanted to fund Intel to put a chip production plant in Germany, forgot if it's 10 or 20 billion, which is obviously too little, but it's a great start. And because obviously the problems that Intel is having, they said, okay, no, sorry, we won't do it.

So someone is offering them $10 billion and they say, no, sorry, we won't do it. First of all, Intel is the wrong company to fund. So the first step you ask me is like, put it to the right company, put it to Taiwan Semiconductor, put it to Nvidia, people that can actually produce GPUs. And we need to make it fairly easy for them to come. And what those companies need is obviously energy.

So someone is offering them $10 billion and they say, no, sorry, we won't do it. First of all, Intel is the wrong company to fund. So the first step you ask me is like, put it to the right company, put it to Taiwan Semiconductor, put it to Nvidia, people that can actually produce GPUs. And we need to make it fairly easy for them to come. And what those companies need is obviously energy.

So someone is offering them $10 billion and they say, no, sorry, we won't do it. First of all, Intel is the wrong company to fund. So the first step you ask me is like, put it to the right company, put it to Taiwan Semiconductor, put it to Nvidia, people that can actually produce GPUs. And we need to make it fairly easy for them to come. And what those companies need is obviously energy.

They need the government support and they need a lot of clean water. And actually we can provide that in Europe. That's one. We need to bring them here. Electricity obviously or energy is obviously like a way bigger challenge in particular of the shift to renewables. To me it's an unsolved problem.