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MENA sovereign wealth funds boost AI investments

Technology

MENA sovereign wealth funds boost AI investments

Over the past year, three of the Middle East and North Africa's (MENA) largest sovereign wealth funds—the Public Investment Fund (PIF) of Saudi Arabia, the Qatar Investment Authority (QIA), and Abu Dhabi's Mubadala Investment Company—have significantly increased their investments in artificial intelligence (AI), underscoring the region's commitment to technological advancement and economic diversification.

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