QIA and Blue Owl Capital are joining forces to create a $3 billion platform dedicated to developing global data center infrastructure. The partnership directly addresses the soaring demand for computational power driven by the acceleration of cloud computing and AI transformation globally. For the $500 billion QIA, this represents the latest step in its push to become a significant player in the AI industry, following its recent investment in AI firm Anthropic. The deal reflects a wider trend of Gulf nations establishing themselves as key global AI hubs outside of the US.
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