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Venture funding is creating a global AI divide

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The UAE's investment chief on the future of AI investment outside of the U.S.
The article from Fortune, dated June 2, 2025, discusses the growing interest of venture capital in the United Arab Emirates (UAE), particularly in the context of artificial intelligence and technology investments. The UAE's Minister of State for Financial Affairs, Mohamed Alsuwaidi, highlighted the country's strategic focus on becoming a hub for AI and tech innovation. This interest is exemplified by the UAE's sovereign wealth fund, ADQ, which has been actively investing in tech startups and collaborating with global tech giants like OpenAI. Additionally, the article touches on Malaysia's efforts to attract similar investments, indicating a broader regional trend towards fostering tech ecosystems. The piece underscores the UAE's ambition to leverage its financial resources and strategic location to become a leading player in the global tech landscape.

Read the Full Fortune Article at:
[ https://fortune.com/2025/06/02/vc-united-arab-emirates-openai-alsuwaidi-malaysia-adq-sovereign-wealth/ ]