AI’s Road to Success May Be Built on Oil Wealth: Mideast Money

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Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that’s become one of the most influential in global finance. You can sign up
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This week: Qatar’s wealth fund seals a $500 million mining deal, Abu Dhabi’s global energy push hits roadblocks, and a multibillion-dollar IPO takes shape. But first, why Middle East money is key to Silicon Valley and Wall Street’s AI push.

The artificial intelligence sector is notoriously capital intensive. Building out data centers ...