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OpenAI signed four Abu Dhabi agreements spanning energy, government and investment as Sam Altman met the emirate’s crown prince.

AI “is going to transform the economics of the energy world,” OpenAI Chief Executive Officer Sam Altman said Monday at the Adipec conference in Abu Dhabi. The ChatGPT-maker’s signed deals to deploy its technology across energy companies, investment firms and government agencies across the United Arab Emirates, deepening ties as it seeks billions of dollars in funding from the country’s state-backed investors. (Source: Bloomberg)