Praveen Paranjothi on Newnex: Fuelled by sovereign wealth funds worth…

Fuelled by sovereign wealth funds worth about $2tn, the UAE’s AI…

Praveen Paranjothi · 2024-06-04T09:48:21.000Z

Fuelled by sovereign wealth funds worth about $2tn, the UAE’s AI ambitions have emerged into sharper focus this year as it tries to lower its economic dependence on fossil fuels in part by positioning itself as a global AI hub. Abu Dhabi has created the investment vehicle MGX, expected to be worth billions of dollars, chaired by the UAE’s powerful national security adviser Sheikh Tahnoon bin Zayed al-Nahyan. https://on.ft.com/3VqkHbf

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Praveen Paranjothi on Newnex: Fuelled by sovereign wealth funds worth…