The race to build AI infrastructure
At last week’s Future Investment Initiative, Saudi Arabia unveiled more than $60 billion in deals spanning AI, clean energy and trade.
Welcome back to Al-Monitor Business & Tech.
The world’s biggest energy conference in Abu Dhabi is taking place this week, fresh off the heels of the Future Investment Initiative summit in Riyadh. Gulf deals abound, but not just at these events. We also saw DP World’s pledge to invest $5 billion into India’s infrastructure, a market where the Dubai-based logistics company sees growth potential. US ride-hailing giant Uber is expanding in the region with a $200 million investment into a new research and development center in Istanbul.
Sign up to the newsletter here.
Have a great week,
