AI TROUBLE

Gulf-backed AI firms face hurdles despite billions in funding

Many are discovering the pitfalls of required local partnerships and the difficulty of running data centers in the region, The Information reports

Emirates News Agency

UAE President Sheikh Mohamed bin Zayed shows U.S. President Donald Trump a model of the planned UAE-U.S. AI Campus in May

AI firms that have raised billions of dollars from Gulf sovereign wealth funds and state-owned companies are running into trouble.

Many are discovering the pitfalls of required local partnerships and the difficulty of building and running data...