AI capital and compute crossing borders — worldwide, closest on the Gulf and North America
AI capital and compute crossing borders — worldwide, closest on the Gulf and North America
Policy
The chips under the Gulf's AI build-out are American. Washington just opened the gate, and attached a nine-month condition.
Chandni Melwani · UAE · Jul 17, 2026
Infrastructure
The money is split between digital infrastructure and district cooling, the two layers a data center in the Saudi heat can't run without.
Chandni Melwani · Saudi Arabia · Jul 16, 2026
Infrastructure
Cohere and PIF-backed Humain will deploy 50MW of AI compute in Saudi Arabia for sovereign and Arabic-language foundation models, marking Cohere's first major international expansion.
Chandni Melwani · Saudi Arabia · Jul 10, 2026
Capital
Abu Dhabi's MGX closed Fund I at $49 billion, exceeding its $45B target. The fund holds positions in OpenAI, Anthropic, and xAI, targeting $100B AUM.
Chandni Melwani · UAE · Jul 8, 2026
Capital
Together AI closed an $800M Series C at $8.3B valuation, led by Aramco Ventures. The deal cements the GCC-US AI infrastructure capital corridor.
Chandni Melwani · Saudi Arabia · Jul 6, 2026
Infrastructure
Bell Canada, Cohere, HIVE Digital & Hypertec sign $220M sovereign AI infrastructure deal deploying 2,304 NVIDIA GB200 GPUs on Canadian soil.
Chandni Melwani · Canada · Jul 1, 2026
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