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Middle Eastern funds are plowing billions of dollars into hottest AI start-ups

By CNBC   |   Sep 22, 2024 at 08:06 AM EST
Middle Eastern funds are plowing billions of dollars into hottest AI start-ups

Middle-Eastern sovereign wealth funds are increasingly investing in Silicon Valley's AI startups to diversify their economies. Countries like Saudi Arabia, UAE, Kuwait, and Qatar are pouring billions into tech investments, with Saudi PIF topping $925 billion.

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