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801 Kuwait joins $30B BlackRock and Microsoft-backed AI infrastructure venture to break free from oil dependency

Startups News
Daniel Levi @ Startups News · 06/03/2025 13:13 EDT

Kuwait joins $30B BlackRock and Microsoft-backed AI infrastructure venture to break free from oil dependency

Kuwait’s sovereign wealth fund is joining a $30 billion AI infrastructure initiative backed by Microsoft, BlackRock, and Abu Dhabi’s MGX, marking its first major AI investment under new leadership. According to Bloomberg, the investment is part of the oil-rich nation’s ...

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