Abu Dhabi's $330-billion sovereign wealth fund says no one appreciates the level of disruption that AI is about to unleash

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Abu Dhabi's $330-billion sovereign wealth fund says no one appreciates the level of disruption that AI is about to unleash

Abu Dhabi's $330 billion sovereign wealth fund, Mubadala, emphasizes the unprecedented disruption AI will bring across various sectors. CEO Khaldoon Al Mubarak highlights the rapid pace of AI development and the significant risks and opportunities it presents. The fund is actively investing in AI infrastructure, including data centers and partnerships with leading technology firms.

Mubadala's commitment to AI includes substantial investments in companies like OpenAI and G42, aiming to harness the technology's potential in the UAE and beyond. Al Mubarak expresses confidence in the long-term growth of AI demand, viewing it as a critical area for future investment. Despite global challenges, the fund remains optimistic about opportunities in China, underscoring the importance of a robust consumer market.

• Mubadala invests heavily in AI and its supporting infrastructure.

• CEO Al Mubarak sees significant growth potential in AI demand.

Key AI Terms Mentioned in this Article

Artificial Intelligence (AI)

AI refers to the simulation of human intelligence in machines, impacting various sectors.

Data Centers

Facilities that house computer systems and associated components, crucial for AI infrastructure.

Chip Manufacturing

The process of creating semiconductor chips, essential for powering AI applications.

Companies Mentioned in this Article

Mubadala

Mubadala is a sovereign wealth fund investing in AI technologies and infrastructure to drive innovation.

OpenAI

OpenAI focuses on developing advanced AI technologies, with Mubadala as a key investor.

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