Energy-rich Gulf monarchies are vying to become hubs for electricity-guzzling artificial intelligence infrastructure, as they bet on the technology to power everything from economic diversification to government services.
Deals unveiled during US President Donald Trump’s visit to the region this month showcased Saudi Arabia and the United Arab Emirates’ aspirations to become AI superpowers.
This includes a partnership between chip giant Nvidia and Humain, a newly formed and Saudi state-backed AI group that has ambitious plans to launch a $10bn venture fund and secure investment from US tech companies.
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