Technology
Inside the Gulf's Multi-Billion-Dollar Bet on Sovereign AI
The UAE and Saudi Arabia signed major AI infrastructure deals this month, staking their post-oil economies on becoming AI powers in their own right.
May 27, 2025
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2 stories for“nvidia middle east deals”
Technology
Mistral Raised Three Billion Euros and Doubled Its Value in a Year. The Bet Is That Europe Will Pay to Own Its AI
The largest equity round ever by a European technology company values the Paris lab at 21 billion euros, up from 11.7 billion last September. Samsung leads, the EU's Scaleup fund and PSG co-lead, and the money goes into a gigawatt of European compute by 2030.
Sep 12, 2026
