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Inside Trump’s USD 500 bn AI project Stargate
OpenAI, SoftBank, and Oracle will be funding the data center-building JV, Stargate
Mubadala’s future investments got ink in the foreign press
AI infrastructure is expected to be a core part of Mubadala’s future investments, Al Mubarak says
Singapore’s Ascentium is the new owner of Dubai-based Virtuzone
The agreement will help Virtuzone boost its corporate service offerings and strengthen its presence across the UAE and GCC region
Abu Dhabi announces AED 13 bn AI-powered government strategy
The strategy includes 100% adoption of sovereign cloud computing
Eagle Hills set to develop the EUR 12 bn Grand Budapest
ALSO- Arco acquires stake in Laing O’Rourke Joinery to expand UAE operations
The UAE seals a slew of key partnerships
The partnerships focus on renewable energy, AI, and international trade among other sectors
UAE discusses boosting ties with Kazakhstan, Uzbekistan, Malaysia
UAE officials explored renewable energy, technology, and economic cooperation with counterparts in Kazakhstan, Uzbekistan, and Malaysia
Adia invests USD 500 mn in US power infrastructure firm + Shorooq Partners invests in two startups
Adia now owns a minority stake in one of the biggest independent portfolios of US power infrastructure assets
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