The Gulf states are betting big on AI: who’s investing where?
via fortune.com
Short excerpt below. Read at the original source.
Almost a decade ago, Gulf sovereign wealth funds drew sharp criticism from financial analysts for investing heavily in frontier technology. The investments often comprised speculative Silicon Valley ventures, rather than sticking to traditional portfolios of infrastructure, real estate, or public equities that provided steady returns. Some of that criticism was warranted. The Saudi’s PIF and […]