President Trump's $500 billion AI infrastructure initiative, Stargate, is heavily funded by MGX, an Abu Dhabi-based firm connected to UAE's royal family. This raises ethical questions considering human rights abuses associated with the UAE. MGX's Sheikh Tahnoun, overseeing a $1.5 trillion empire, is rapidly emerging as a significant investor in the AI sector. The project, while aiming to establish robust AI infrastructure, signifies a troubling reliance on oil financing, moving away from renewable energy investment amid the expanding influence of AI within wealthy elite circles.
Trump's massive AI infrastructure project is receiving a ton of dubiously-sourced cash - an ethical miasma that will haunt the program from its earliest days.
Relying on oil money, Stargate highlights a greater turn away from investments in renewable sources of energy, with advancing AI becoming a uniting goal for the ultra-wealthy.
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