Although to my knowledge the SIAI never suggested that it would actually create a fooming AI, only come up with a way to guarantee its friendliness.
This?
The Singularity Institute was founded on the theory that in order to get a Friendly artificial intelligence, someone has got to build one. So, we’re just going to have an organization whose mission is: build a Friendly AI. That’s us.”
This?
http://www.acceleratingfuture.com/people-blog/?p=196