Kuwait Joins $30B BlackRock and Microsoft-Backed AI Infrastructure Venture to Break Free From Oil Dependency - Tech Startups

Kuwait joins $30B BlackRock and Microsoft-backed AI infrastructure venture to break free from oil dependency - Tech Startups

Kuwait’s sovereign wealth fund is joining a $30 billion AI infrastructure initiative backed by Microsoft, BlackRock, and Abu Dhabi’s MGX, marking its first major AI investment under new leadership. According to Bloomberg, the investment is part of the oil-rich nation’s […] The post Kuwait joins $30B BlackRock and Microsoft-backed AI infrastructure venture to break free from oil dependency first appeared on Tech Startups.

KIA joins with MGX, BlackRock, GIP, and Microsoft

The Kuwait Investment Authority (KIA) has joined the AI Infrastructure Partnership (AIP), formed by MGX, BlackRock

AmCham Kuwait spotlights AI’s transformative potential in logistics and legal systems - Times Kuwait

Emphasizing Kuwait’s commitment to digital transformation and innovation, the American Chamber of Commerce in Kuwait (AmCham Kuwait) co-hosted with the Kuwait Foundation for the Advancement of Sciences (KFAS) the third edition of the prestigious Future of AI Forum. Under the theme, “Reimagining Kuwait’s Legal & Logistics Systems,” the event convened high-level executives, policymakers, senior legal professionals, and global technology leaders on…

Kuwait Investment Authority joins AI Infrastructure Partnership

KIA is the first non-founder financial anchor investor to join AIP