Am sure the Chinese will be trembling to think Peter Thiel is going to spearhead a bank to develop AI and def tech projects given his record.
From media
A group of high-profile tech investors, including military tech entrepreneur Palmer Luckey and venture capitalist Joe Lonsdale, is preparing to launch a new bank designed to serve the niche left behind by the collapse of Silicon Valley Bank — and to do so with ambitions that extend deep into cryptocurrency, defense tech, and artificial intelligence.
https://www.zerohedge.com/political/thiel-joins-luckey-lonsdale-launch-new-bank-aimed-filling-svb-void-stablecoins-ai-defense
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