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Milken conference wrestles with AI’s impact on Mideast, Africa

Omar Al Olama, UAE Minister of State for AI, Digital Economy and Remote Work Applications, warned about dangers of artificial intelligence

Ellison gets support from Gulf funds for Warner Discovery bid

The Saudi Public Investment Fund, Abu Dhabi Investment Authority and Qatar Investment Authority team up with Paramount Skydance

Aramco Ventures opens Paris office for European investments

Mistral, a maker of large language AI models based in France, counts Sanabil, a tech arm of the Saudi Public Investment Fund, among its investors

ADNOC sets course for next five years with $150B spending plan

The state oil company said its investment arm, XRG, has grown in value to $151 billion and will target new deals in chemicals, gas and renewables

MBS leaves Washington with $575B in pledged Saudi deals

The agreements were facilitated by U.S. government approval for selling advanced Nvidia chips to both Riyadh-based Humain and Abu Dhabi 's G42

Quick Hits

REGIONAL SUMMITRY

Milken conference wrestles with AI’s impact on Mideast, Africa

GLOBAL PUSH

Mubadala Capital, Aldar team up on $1 billion investment fund

The Daily Circuit: Milken summit ponders AI + Aldar-Mubadala $1B fund

GULF TALKFEST

What’s on tap at the Milken Middle East and Africa Summit today

sovereign support

Ellison gets support from Gulf funds for Warner Discovery bid

The Daily Circuit: Gulf sovereigns back Ellison + QIA cuts Sainsbury’s stake

high octane

Ellison’s Sail GP coasts to season finale in waters of Abu Dhabi

CITY PLAY

Qiddiya confirms sovereign funding for $40B “city for play”

BUYING ITALY

Eagle Hills, Coima launch $463 million redevelopment of Rome’s Guido Reni Barracks

The Daily Circuit: SailGP’s UAE spectacle + ACWA Power secures $5.9B

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