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
Infrastructure
EverWind plans more than C$10bn of private investment in Nova Scotia, including a data-centre campus at Point Tupper of up to 420 MW. Anthropic has confirmed it holds the long-term lease on the first phase, planned for late 2027.
Chandni Melwani
Canada · Oct 22, 2026
Capital
GlobalFoundries will run two new chip fabs at its Malta, New York, site under a US-Japan initiative providing up to $21 billion, with Japan providing the investment. GF is majority-owned by Abu Dhabi's Mubadala, and in a separate agreement the US Commerce Department will receive about 4% of its equity.
Chandni Melwani · US · Oct 21, 2026
Infrastructure
GlobalFoundries, whose majority shareholder is Abu Dhabi's Mubadala, will make silicon interposers for TSMC's advanced AI packaging at its fab in Malta, New York, under a multi-year agreement GF puts at $2 billion.
Chandni Melwani · US · Oct 8, 2026
M&A
SLB has signed an agreement to acquire Kelvion, a German maker of industrial heat exchangers and data-centre cooling systems, from Apollo and Triton funds for about $3.4bn in cash plus about $0.7bn in assumed debt. The deal has not closed and still needs regulatory approvals.
Chandni Melwani · US · Aug 31, 2026
Capital
The guarantee only pays out if OpenAI defaults, and OpenAI has agreed to reimburse Nvidia for anything Nvidia pays.
Chandni Melwani · US · Aug 17, 2026
Policy
The agreement covers goods, services and investment barriers. The instrument the Gulf capital actually runs on was signed in Abu Dhabi last November.
Chandni Melwani · Canada · Jul 31, 2026
Policy
The capital that usually flows into US and global markets is being turned toward the Gulf, and AI is named as a sector.
Chandni Melwani · Canada · Jul 19, 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
New in AI Briefings
Not a link dump. What actually moved across all five beats (a model release, a deployment, a deal) and what it changes for the people paying for it.
Free · No spam · Unsubscribe in one click
General
The big AI story of the day, whoever it happens to
The Lab
Frontier models, research and the labs building them
AI at Work
Adoption, tools and how the job actually changes
E-commerce
AI for merchants, marketplaces and marketing
The Exchange
AI capital and compute crossing borders