Economy

OpenAI chief Sam Altman becomes the first to get Indonesia's 'Golden Visa'

Logo CNBCCNBC
2023-09-05 07:45:37  • 2 mins

Key Points

  • Sam Altman's "golden visa" is for 10 years. The American entrepreneur is expected to help grow the artificial intelligence ecosystem in Indonesia.
  • The founder of chatGPT was in Indonesia earlier his year as part of a whirlwind tour that also took him to several major cities in Asia, including Beijing, Tokyo, Seoul and Singapore.

Sam Altman, chief executive officer of OpenAI, at an event in Seoul, South Korea, on Friday, June 9, 2023.

Bloomberg | Bloomberg | Getty Images

Indonesia has awarded OpenAI chief executive Sam Altman its first "Golden Visa" a week after the scheme was launched to attract foreign investment to Southeast Asia's largest economy.

Continue read on cnbc.com

Politics
Indonesian President Launches Southeast Asia's First High-Speed Railway, Funded by China
JAKARTA, Indonesia (AP) Indonesian President Joko Widodo inaugurated Southeast Asias first high-speed railway on Monday as it was set to begin commercial...
Logo U.S. News & World ReportU.S. News & World Report
2023-10-02 05:34:21  • 1 min
Business / Finance
Visa launches $100 million venture fund for generative AI startups
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...
Logo Channel NewsAsiaChannel NewsAsia
2023-10-02 22:09:54  • 1 min
World
Indonesia opens China-backed high-speed railway Whoosh
By Derek Cai BBC News, Singapore Indonesia has inaugurated its first high-speed railway, a $7.3bn (5.9) project backed by China under its Belt and Road...
Logo BBCBBC
2023-10-02 04:06:41  • 1 min
Business / Finance
Visa Partners With Expel To Tackle Cybercrime
(RTTNews) - Visa (V) announced a partnership with Expel, a security operations provider, extending Visa's Value-Added Services offering in the emerging...
Logo NasdaqNasdaq
2023-10-02 12:42:27  • 1 min
Technology
Sam Bankman-Fried considered paying Trump $5 billion not to run for president, Michael Lewis tells '60 Minutes'
Key Points Sam Bankman-Fried, the alleged crypto criminal, considered paying former president Donald Trump not to run for president, author Michael Lewis...
Logo CNBCCNBC
2023-10-02 19:33:06  • 1 min
Business / Finance
Indonesian parliament approves $1.8 capital top-up for state firms in 2024
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...
Logo Channel NewsAsiaChannel NewsAsia
2023-10-02 05:43:25  • 1 min
Technology
Microsoft CEO Testifies About Limits of AI at Google Antitrust Trial
Satya Nadella says it will take more than ChatGPT to check Googles advantage in internet search
Logo The Wall Street JournalThe Wall Street Journal
2023-10-02 16:34:00  • 1 min
Business / Finance
Crypto Goes on Trial, as Sam Bankman-Fried Faces His Reckoning
The FTX founders uphill court battle starts Tuesday, after he has come to symbolize everything that went wrong with the cryptocurrency industry. A year ago,...
Logo The New York TimesThe New York Times
2023-10-02 09:00:45  • 1 min
Politics
New UN Migration Chief Says Private Sector 'Desperate' to Take Migrants Despite Negative Narrative
GENEVA (AP) The new head of the U.N.'s migration agency said Monday that the private sector is desperate for their countries to take in migrants to mop up...
Logo U.S. News & World ReportU.S. News & World Report
2023-10-02 11:00:41  • 1 min
Business / Finance
Ex-SoftBank executive sets up UAE stablecoin pegged to dirham
Akshay Naheta, who pitched SoftBank on selling chip firm Arm to Nvidia, set up his stablecoin firm DTR in the emirates financial free zone in Abu Dhabi.
Logo South China Morning PostSouth China Morning Post
2023-10-02 03:47:44  • 1 min
Business / Finance
PH tipped to grow fastest in East Asia and Pacific in 2023
An aerial view shows the Ortigas business district in Pasig City, Philippines, June 10, 2022. Picture taken with a drone. REUTERS/Adrian Portugal MANILA -The...
Logo Inquirer.netInquirer.net
2023-10-02 18:13:00  • 1 min
Business / Finance
OpenAI in talks with investors for sale of existing shares: Report
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...
Logo Channel NewsAsiaChannel NewsAsia
2023-09-26 19:30:00  • 1 min
Technology
Whos Rooting Hardest for a Sam Bankman-Fried Conviction? The Crypto Industry.
Travis Kling has spent a lot of time this year focusing on his mental, physical and spiritual health. That has been his coping mechanism since his...
Logo The New York TimesThe New York Times
2023-10-02 09:00:56  • 2 mins
Business / Finance
China Evergrandes Founder: The Rise and Fall of Hui Ka Yan
Hui Ka Yan, who grew up poor in the countryside, was a symbol of Chinas economic rise. With Evergrande teetering, his future is uncertain, too. Hui Ka Yan...
Logo The New York TimesThe New York Times
2023-10-02 13:42:59  • 2 mins
Business / Finance
FTXs Sam Bankman-Fried Will Go on Trial on Tuesday
Sam Bankman-Fried, the founder of the failed crypto exchange FTX, gets his day in court on Tuesday. The trial will shine a harsh glare on the wider sector....
Logo The New York TimesThe New York Times
2023-10-02 12:06:39  • 1 min
Business / Finance
Indonesia's China-backed high-speed railway unlikely to be profitable, say observers
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...
Logo Channel NewsAsiaChannel NewsAsia
2023-10-02 12:47:40  • 1 min
Business / Finance
Sam Bankman-Fried trial set to begin, as ex-CEO of collapsed crypto giant FTX faces fraud charges
For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury that he wasn't,...
Logo CBCCBC
2023-10-02 16:05:29  • 2 mins
Business / Finance
Coinbase Approved to Offer Bitcoin to Institutions in Singapore
Coinbase, one of the world's largest Bitcoin and crypto exchanges, has received approval from the Monetary Authority of Singapore (MAS) to offer Bitcoin...
Logo NasdaqNasdaq
2023-10-02 10:38:05  • 1 min
Politics
Sam Bankman-Fried Must Now Convince a Jury That the Former Crypto King Was Not a Crook
NEW YORK (AP) For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury...
Logo U.S. News & World ReportU.S. News & World Report
2023-10-02 11:14:18  • 2 mins
Economy
Philippines poised for significant gains from ASEAN financial integration, says IMF
The Philippines is set to benefit significantly from financial integration within the Association of Southeast Asian Nations (ASEAN), according to a recent...
Logo Investing.comInvesting.com
2023-10-02 19:27:59  • 1 min
03 Oct, 2023 >
Buffalo Bills' star cornerback Tre'Davious White sidelined with season-ending achilles injury
Oct 03, 2023  | 6:07
Morgan Stanley Maintains Murphy Oil (MUR) Equal-Weight Recommendation
Oct 03, 2023  | 6:03
Taiwan central bank says sold net $880 million to intervene in forex market in H1
Oct 03, 2023  | 5:55
Will Ferrell perfectly predicts DK Metcalf TD as Manning brothers troll him
Oct 03, 2023  | 5:50
World >
Jamaal Bowman: Republicans seek Democrat's expulsion for pulling fire alarm
Oct 03, 2023  | 1:39
The lives upended by colonial rule in the Middle East
Oct 03, 2023  | 3:18
It's smashing pumpkins time at Oregon Zoo
Oct 03, 2023  | 4:14
Why a rare gun charge against Hunter Biden could misfire
Oct 03, 2023  | 4:24
Business >
Japan authorities ready to respond in forex market, says finance minister
Oct 03, 2023  | 5:45
Asian stocks slip on rate worries, yen in focus
Oct 03, 2023  | 5:45
Taiwan central bank says sold net $880 million to intervene in forex market in H1
Oct 03, 2023  | 5:55
Morgan Stanley Maintains Murphy Oil (MUR) Equal-Weight Recommendation
Oct 03, 2023  | 6:03
Politics >
Sheriff Paul Penzone of Arizona's Maricopa County says he's stepping down a year early in January
Oct 03, 2023  | 4:24
Debate Continues Over the Controversial Holding Call in the Chiefs' Win Over the Jets
Oct 03, 2023  | 4:18
Jacksonville Sheriff Says Body Camera Video Shows Officers Were Justified in Beating Suspect
Oct 03, 2023  | 4:41
Texas Democratic lawmaker attacked in D.C.
Oct 03, 2023  | 5:44
Health >
Mum fears her son could die waiting for life changing surgery
Oct 03, 2023  | 2:02
Humza's reigned over a party in meltdown - and now he's living on borrowed time, writes GRAHAM GRANT
Oct 03, 2023  | 2:01
Covid Inquiry focuses on government as stakes rise
Oct 03, 2023  | 3:24
A fresh take on reality may help us see public debates on the voice and Covid in a clearer light
Oct 03, 2023  | 4:50
Entertainment >
Frans Hals Brings Laughter to the National Gallery
Oct 02, 2023  | 21:59
Echo Brown, Young Adult Author and Performer, Dies at 39
Oct 02, 2023  | 22:17
Tom Hanks Warns of Dental Ad Using A.I. Version of Him
Oct 03, 2023  | 0:08
Beverly Willis, 95, Dies; Architect and Advocate for Women in the Field
Oct 03, 2023  | 0:11
Science >
Environment plan delayed by Stormont stalemate
Oct 02, 2023  | 19:08
Yorkshire Water vows to cut sewage overflow into Scarborough sea
Oct 02, 2023  | 20:38
Watch: Will October be as unusually warm as September?
Oct 03, 2023  | 0:49
The Dumfries street that has flooded more than 200 times
Oct 03, 2023  | 0:50
Lifestyle >
When PETA Crashes a Fashion Show
Oct 02, 2023  | 17:41
Five Easy Recipes With Smart Shortcuts
Oct 02, 2023  | 18:00
A Chance to Sample Zingermans Reuben
Oct 02, 2023  | 21:29
The Best Tip of Paris Fashion Week? Avoid Bedbugs.
Oct 03, 2023  | 0:31
Auto >
Biden Heads to UAW Picket Line in Michigan
Sep 26, 2023  | 12:02
A Changing Auto Industry, but Still Good Stories in Detroit
Sep 29, 2023  | 10:00
Yuki Tsunoda: The Potty-Mouthed Japanese F1 Racer Who Became a Cult Star
Sep 28, 2023  | 9:40
Tesla Sales Slip as It Readies Factories for New Models
Oct 02, 2023  | 16:11
Environment >
Why Smaller Storms Are Growing More Fearsome, More Often
Sep 30, 2023  | 10:00
Bidens Ambitious Promise for Lead Pipe Removal Comes Under Scrutiny
Sep 30, 2023  | 12:00
After Intense Floods, New York City Lurches Back to Life
Sep 30, 2023  | 18:37
Map: Smoke From Canada Wildfires Expected to Return to New York
Oct 02, 2023  | 19:48
Travel >
Want a Vacation Souvenir? Buy Toothpaste.
Sep 26, 2023  | 12:02
A Tasting Room for Black Currant Liquor in Upstate New York
Sep 28, 2023  | 16:00
A Sri Lankan Bakers Baguette Conquers France
Sep 29, 2023  | 12:01
Wildfires: How to Travel Safely as the Climate Changes
Oct 02, 2023  | 19:42
Sports >
Puka Nacua takes the blame for Matthew Stafford's hip injury: 'I take that one personally'
Oct 03, 2023  | 5:28
Will Ferrell perfectly predicts DK Metcalf TD as Manning brothers troll him
Oct 03, 2023  | 5:50
The AFL refuses to let the Sydney Swans display the LGBTQ rainbow during match as coach is left...
Oct 03, 2023  | 5:46
Buffalo Bills' star cornerback Tre'Davious White sidelined with season-ending achilles injury
Oct 03, 2023  | 6:07
Education >
Opinion | The Great American Teacher Crisis
Oct 02, 2023  | 12:00
NYC Schools Began to Recover From the Pandemic. Now a New Crisis Looms
Oct 02, 2023  | 21:17
Private Security Guards Have Become a Last Resort for Public Safety
Oct 01, 2023  | 12:00
Anthropology Conference Drops a Panel Defending Sex as Binary
Oct 02, 2023  | 21:21
Press Release >
Will Ferrell perfectly predicts DK Metcalf TD as Manning brothers troll him
Oct 03, 2023  | 5:50
Taiwan central bank says sold net $880 million to intervene in forex market in H1
Oct 03, 2023  | 5:55
Buffalo Bills' star cornerback Tre'Davious White sidelined with season-ending achilles injury
Oct 03, 2023  | 6:07
Morgan Stanley Maintains Murphy Oil (MUR) Equal-Weight Recommendation
Oct 03, 2023  | 6:03