Capital
Nvidia's backstop for OpenAI ends the day OpenAI earns a credit rating
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
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
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 $3.4bn in cash plus $0.7bn in assumed debt. It is signed, not closed; regulatory approvals are still outstanding.
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
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