Billionaire Peter Thiel financing ‘Olympics on steroids’ occasion permitting athletes to dope

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Silicon Valley billionaire Peter Thiel is throwing his monetary muscle behind an “Olympics on steroids” — whose organiser boasts that athletes will dope “out within the open and truthfully.”

Mr Thiel, who made his fortune as an early investor in tech start-ups like PayPal and Fb, is backing the Enhanced Video games, which is able to actively encourage athletes to make use of performance-enhancing medicine, studies the New York Put up.

The enterprise — geared toward aiding analysis into dietary dietary supplements and biohacks that push the boundaries of human efficiency — is the brainchild of Dr. Aron D’Souza, a lawyer by coaching who famously conceived Mr Thiel’s lawsuit towards Gawker Media.

He plans to offer extra particulars on April 17 and promote the controversial idea in Paris throughout the Summer season Olympics, which start in July.

Mr Thiel is amongst a number of high-profile enterprise capitalists who’ve backed the challenge, together with billionaire Christian Angermayer of Apeiron Funding Group and Balaji Srinivasan, the previous chief know-how officer of cryptocurrency change Coinbase.

Dr D’Souza wouldn’t reveal how a lot cash was raised, telling The Put up it was within the “excessive single-digit tens of millions” — a sum that’s “sufficient to provide the primary video games.”

Dr D’Souza mentioned that Enhanced Video games are negotiating with a number of host cities “which have requisite infrastructure” although he declined to specify which venue will host the inaugural competitors, which he expects to get underway by the center of subsequent yr.

The competitors will characteristic 5 occasions — swimming, gymnastics, weightlifting, observe and subject, and fight — and shall be held every year at already-existing venues.

He informed The Put up that the concept behind Enhanced Video games is to permit athletes to make use of no matter substances they need “out within the open and truthfully” — in contrast to on the Olympics, the place he claims “44 per cent of Olympians admit to utilizing banned substance whereas just one per cent get caught.”

“My physique, my alternative, your physique, your alternative,” Dr D’Souza informed The Put up when requested in regards to the philosophy behind permitting athletes to juice.

“People ought to be capable of make decisions about your physique and nobody — whether or not it’s a sports activities federation or the federal government — ought to be capable of inform them what to do about it,” he mentioned.

He mentioned that the occasions are open to any athletes — present and former professionals and amateurs — and that permitting them to boost their efficiency with substances will allow researchers to get a greater concept of what applied sciences are on the market that may increase longevity and “wholesome ageing.”

“We predict that it will create circumstances by which we are going to get a a lot bigger information pool of athletes and people who’re aspiring to self enchancment by means of science,” Dr D’Souza mentioned.

He mentioned that the info can be “very helpful to figuring out compounds and therapies to extending human life.”

Dr D’Souza predicted that Enhanced Video games would do for anti-ageing what “ChatGPT did for AI.”

This text initially appeared on the New York Put up and was reproduced with permission.