Bloomberg Technology

Altman Says AI Will Transform the Economics of Energy

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…

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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.
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4 Comments

  1. @b-rad-israd

    November 2, 2026 at 4:11 pm

    He SAed his own sister.

  2. @luisr8435

    November 2, 2026 at 4:17 pm

    He says a lot of things

  3. @mikefatah

    November 2, 2026 at 4:32 pm

    Scam Altman!

  4. @craigiefconcert6493

    November 2, 2026 at 5:18 pm

    What an idiot.
    AI is transforming the energy industry but not in the way he thinks. It’s sucking up all the available power and resources and pieces like transformers and turbines which are needed for system improvement.

    It will bankrupt the grid if allowed to.

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