AIAI Privacy Policy

by with No Comment Uncategorized

Effective Date: 1 January 2024

Americanai Inc. (“we,” “us,” or “our”) is committed to protecting the privacy of our users (“you” or “your”). This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website [www.americanai.com]and use our services, including any media form, media channel, mobile website, or mobile application related or connected thereto (collectively, the “Site”). Please read this privacy policy carefully. If you do not agree with the terms of this privacy policy, please do not access the site.

We reserve the right to make changes to this Privacy Policy at any time and for any reason. We will alert you about any changes by updating the “Effective Date” of this Privacy Policy. You are encouraged to periodically review this Privacy Policy to stay informed of updates. You will be deemed to have been made aware of, will be subject to, and will be deemed to have accepted the changes in any revised Privacy Policy by your continued use of the Site after the date such revised Privacy Policy is posted.

This Privacy Policy does not apply to the third-party browser/mobile store from which you visit the Site or make payments, which may also collect and use data about you. We are not responsible for any of the data collected by any such third party.

Collection of Your Information

We may collect information about you in a variety of ways. The information we may collect via the Site includes:

Personal Data:

Personally identifiable information, such as your name, billing address, email address, and telephone number, that you voluntarily give to us when you register with the Site or when you choose to participate in various activities related to the Site, such as online payment. You are under no obligation to provide us with personal information of any kind, however, your refusal to do so may prevent you from using certain features of the Site.

Financial Data:

Financial information, such as data related to your payment method (e.g., valid credit card number, card brand, expiration date) that we may collect when you purchase, order, return, exchange, or request information about our services from the Site. We store only very limited, if any, financial information that we collect. Otherwise, all financial information is stored by our payment processor, Stripe, and you are encouraged to review their privacy policy and contact them directly for responses to your questions.

Data From Giveaways and Surveys:

Personal and other information you may provide when entering giveaways and/or responding to surveys.

Use of Your Information

Having accurate information about you permits us to provide you with a smooth, efficient, and customized experience. Specifically, we may use information collected about you via the Site to:

  • Create and manage your account.
  • Deliver newsletters, new product/course information, and other information regarding promotions and the Site to you.
  • Email you regarding your account or order.
  • Fulfill and manage purchases, orders, payments, and other transactions related to the Site.
  • Generate a personal profile from your related information.
  • Notify you of updates to the Site.
  • Offer new products, services, and/or recommendations to you.
  • Perform other business activities as needed.
  • Prevent fraudulent transactions, monitor against theft, and protect against criminal activity.
  • Process payments and refunds.
  • Request feedback and contact you about your use of the Site.
  • Resolve disputes and troubleshoot problems.
  • Respond to product and customer service requests.

Disclosure of Your Information

We may share information we have collected about you in certain situations. Your information may be disclosed as follows:

By Law or to Protect Rights:

If we believe the release of information about you is necessary to respond to legal process, to investigate or remedy potential violations of our policies, or to protect the rights, property, and safety of others, we may share your information as permitted or required by any applicable law, rule, or regulation. This includes exchanging information with other entities for fraud protection and credit risk reduction.

Third-Party Service Providers:

We may share your information with third parties that perform services for us or on our behalf, including payment processing, data analysis, email delivery, hosting services, customer service, and marketing assistance.

Affiliates:

We may share your information with our affiliates, in which case we will require those affiliates to honor this Privacy Policy. Affiliates include our parent company and any subsidiaries, joint venture partners or other companies that we control or that are under common control with us.

Business Partners:

We may share your information with our business partners to offer you certain products, services or promotions.

Sale or Bankruptcy:

If we reorganize or sell all or a portion of our assets, undergo a merger, or are acquired by another entity, we may transfer your information to the successor entity. If we go out of business or enter bankruptcy, your information would be an asset transferred or acquired by a third party. You acknowledge that such transfers may occur and that the transferee may decline honor commitments we made in this Privacy Policy.

We are not responsible for the actions of third parties with whom you share personal or sensitive data, and we have no authority to manage or control third-party solicitations. If you no longer wish to receive correspondence, emails or other communications from third parties, you are responsible for contacting the third party directly. Some of our GenAI products require the use of third-party services. We are not responsible for any data collected by these third parties during the usage of our products.

Tracking Technologies

Cookies and Web Beacons:

We may use cookies, web beacons, tracking pixels, and other tracking technologies on the Site to help customize the Site and improve your experience. When you access the Site, your personal information is not collected through the use of tracking technology. Most browsers are set to accept cookies by default. You can remove or reject cookies, but be aware that such action could affect the availability and functionality of the Site. You may not decline web beacons. However, they can be rendered ineffective by declining all cookies or by modifying your web browser’s settings to notify you each time a cookie is tendered, permitting you to accept or decline cookies on an individual basis.

Third-Party Websites

The Site may contain links to third-party websites and applications of interest, including external services, that are not affiliated with us. Once you have used these links to leave the Site, any information you provide to these third parties is not covered by this Privacy Policy, and we cannot guarantee the safety and privacy of your information. Before visiting and providing any information to any third-party websites, you should inform yourself of the privacy policies and practices (if any) of the third party responsible for that website, and should take those steps necessary to, in your discretion, protect the privacy of your information. We are not responsible for the content or privacy and security practices and policies of any third parties, including other sites, services or applications that may be linked to or from the Site.

Security of Your Information

We use administrative, technical, and physical security measures to help protect your personal information. While we have taken reasonable steps to secure the personal information you provide to us, please be aware that despite our efforts, no security measures are perfect or impenetrable, and no method of data transmission can be guaranteed against any interception or other type of misuse. Any information disclosed online is vulnerable to interception and misuse by unauthorized parties. Therefore, we cannot guarantee complete security if you provide personal information.

Policy for Children

We do not knowingly solicit information from or market to children under the age of 13. If you become aware of any data we have collected from children under age 13, please contact us using the contact information provided below.

Controls for Do-Not-Track Features

Most web browsers and some mobile operating systems include a Do-Not-Track (“DNT”) feature or setting you can activate to signal your privacy preference not to have data about your online browsing activities monitored and collected. No uniform technology standard for recognizing and implementing DNT signals has been finalized. As such, we do not currently respond to DNT browser signals or any other mechanism that automatically communicates your choice not to be tracked online. If a standard for online tracking is adopted that we must follow in the future, we will inform you about that practice in a revised version of this Privacy Policy.

Options Regarding Your Information

Account Information

You may at any time review or change the information in your account or terminate your account by:

 

  • Logging into your account settings and updating your account
  • Contacting us using the contact information provided below

Upon your request to terminate your account, we will deactivate or delete your account and information from our active databases. By doing so, you will no longer have access to any products or material purchased through your account. However, some information may be retained in our files to prevent fraud, troubleshoot problems, assist with any investigations, enforce our Terms of Use and/or comply with legal requirements.

Emails and Communications

If you no longer wish to receive correspondence, emails, or other communications from us, you may opt-out by:

  • Noting your preferences at the time you register your account with the Site
  • Logging into your account settings and updating your preferences.
  • Contacting us using the contact information provided below

If you no longer wish to receive correspondence, emails, or other communications from third parties, you are responsible for contacting the third party directly.

Contact Us

If you have questions or comments about this Privacy Policy, please contact us at:

American Institute of Artificial Intelligence: clientservices@americanai.com

Altman

Altman’s $7 Trillion Raise: Why and What it means for GenAI?

by with No Comment Uncategorized

American Institute of Artificial Intelligence (AIAI) Special Report

A mind-numbing $7 Trillion investment ask is rich – even by typical Wall Street standards. It is greater than the GDP of Germany, of Japan, and of India. Why is it that Elon Musk who wants to start an OpenAI competitor firm is only seeking $6 Billion, thousand times less than what Altman is asking for? We will explain all that in this report.

In this investigative report, we would like to breakdown what we believe Altman’s real strategy is. We have no direct knowledge of Altman’s plan. We are simply connecting the dots based upon the information we can gather from our research.

Later on, we plan to invite Altman to discuss and validate our findings.

We believe Altman’s strategy has the following four components:

  • Geopolitically Oriented
  • Value Chain Centricity
  • Demand Aligned/Decoupling Driven
  • Allies and Relationships

Let’s delve right into it.

Background

Recently OpenAI’s CEO Sam Altman indicated plans to raise $7 Trillion for chips manufacturing – and ask so big that Business Insider reported that it put Jensen Huang, CEO of NVIDIA, in a state of shock and he said that $7 trillion can buy “apparently all the GPUs.”

It all started when The Wall Street Journal (WSJ) reported that Altman was seeking to raise $5 to 7 Trillion to increase the world’s supply of semiconductors. This, WSJ said, was being done to alleviate the global chip shortage. WSJ reported that the global sales of chips were $527 billion in 2023 and are expected to rise to $1 Trillion by 2030.

Huang took note of the large amount and gave technical and business reasons why this does not make sense. His reasoning centered around how technological progress and the resultant computer processing speed enhancement will reduce the need for this type of investment.

Huang’s point makes sense if you look at it only from the “business of semiconductor” or the semiconductor industry perspective. But the issue, as we show below, is far more complicated.

Huang is right in terms of that semiconductor supply and demand conditions are always in flux. This is not the first time we have seem supply and demand forces impacting the industry in a profound way. Supply shortages and surpluses have been a constant feature of this industry.

If so then why the $7 Trillion investment? We believe that not only Sam Altman’s math and vision are consistent with what is transpiring in the world, but also that $7 Trillion is not as crazy as it sounds, if the scope of what Altman could be trying to accomplish.

To do that, we would have to escape the realm of industry specific tactical insights. We would need to look at a much broader strategic framework.

Geopolitical Realignment

Recently, Abu Dhabi artificial intelligence group G42 divested from its stakes in Chinese companies. The fund 42XFund, the technology arm of G42, declared that it has no longer any investment in China. This was a political decision and their CEO Peng Xiao acknowledged it as such. That was a move that indicated a firm resolve by the firm to move to the U.S. led geopolitical grouping.

It also indicated a line of demarcation forming where companies, investments, and industries will be separated by their geopolitical affiliations. This is nowhere more evident than in the semiconductor industry.

Altman understands that the future of AI is GenAI and the future of GenAI is dependent upon the semiconductor industry. But he is also acutely aware of the limited choices that the U.S. has and its dependency upon Taiwan. Taiwan, a nation with the most advanced semiconductor production capabilities, is at the center of the most critical geopolitical conflict at the moment. China claims Taiwan as part of China and wants to “reintegrate”. Taiwan resists that and the U.S. is siding with Taiwan.

The above increases risk in the semiconductor industry tremendously as Chinese calculus for their next actions for Taiwan will take into account their political rivalry with the United States. Thus, China can make the next geopolitical move only to obstruct the U.S. access to semiconductors.

That is not only a huge risk for GenAI but also for the United States.

To counter that risk, the semiconductor industry needs to be viewed not only from the industry specific factors but also from a geopolitical perspective.

Value Chain Centricity

A major barrier to AI adoption will be the high costs of data processing. Companies and individuals fail to adopt AI because in many cases it is cost prohibitive. What increases costs for AI are the value chain costs. If Altman is thinking he knows that focusing on only one aspect of the semiconductor – that is chip design and manufacturing – will not solve the problem.

Semiconductor needs to be viewed as a value chain.

Separately, Altman has made comments about using nuclear energy as the primary mode of clean energy. He, as well as Bill Gates, are investing in start-ups that develop small modular reactors. In a voice clip, Altman called nuclear technology “cheap, clean, safe energy” and a “wonderful thing”.

One critical part of semiconductor manufacturing is energy. A $7 Trillion investment can fund several nuclear power plants and make semiconductor manufacturing free of unclean energy dependence.

Semiconductor value chain also includes equipment manufacturers. Currently, only one firm ASML Holding N.V. (commonly shortened to ASML, originally standing for Advanced Semiconductor Materials Lithography), a Dutch multinational corporation, manufactures the most sophisticated photolithography machines used to produce computer chips.

Altman probably wants to eliminate that dependence. This means U.S. based capacity to produce photolithography machines.

Demand Aligned, Decoupling Based

The geopolitical realities of our times also force us to focus not only on the demand side of semiconductors but more importantly on what drives demand for GenAI.

Clearly, pushing adoption of GenAI will be a big challenge. Just because we have GenAI does not mean it will be used to increase productivity in the most efficient way. Altman’s strategy, in our opinion, includes linking the deployment of AI with practical AI applications in both industrial and consumer sectors.

This also means another important thing. Decoupling from the Chinese economy may become important. That is if things develop where hostilities break out between the two global powers or the competition becomes too tough and intense that any type of cooperation is replaced by cold and cut throat competition. In that scenario, decoupling from China will be inevitable.

To make that happen, redesigning the AI value chain and integrating that with GenAI will be critical. That could be part of Altman’s vision.

Add to the above the risk that recent reports show that China has already mastered 5nm chips. Their rapid pace of development was both unexpected and alarming.

Allies and Relationships

Semiconductor industry is global and it extends to many allies. Creating a counter China value chain will necessarily require working with the allies.

For example, a British company known as Arm Holdings may get some of the money that Altman is raising. Similarly, UAE and other countries may want a piece of the pie. It is likely Altman has already created a plan for building a network of capabilities that not only helps various economies but also tie them to an unbreakable bond with the United States.

Summary

A $7 Trillion raise cannot be just about building a few manufacturing plants for semiconductors. Huang, CEO of NVIDIA, is right about that.

It is about rebuilding the entire value chain of GenAI – of which semiconductors are a part of the greater vision. When all of those factors are taken into account, it becomes clear why Altman is raising money that’s more than the GDP of all countries in the world except two. In some ways he’s rebuilding the entire world.