Abu Dhabi Investor Plans $10 Billion Annual Investment in AI

An Abu Dhabi-based investor is planning to invest $10 billion annually in artificial intelligence, despite concerns about a potential AI bubble. Bloomberg posted on X, highlighting the investor's ambitious strategy to establish a significant presence in the AI sector. The move comes amid growing global interest in AI technologies, with many investors seeking to capitalize on the industry's potential. This substantial financial commitment underscores the investor's confidence in the long-term prospects of AI, despite market apprehensions. The investment aims to build a robust AI empire, positioning the investor as a key player in the rapidly evolving tech landscape.