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UAE’s €40 billion investment in Germany targets AI, energy and industry deals

UAE's €40 billion investment in Germany

The UAE’S €40 billion investment in Germany gives Abu Dhabi a bigger stake in Europe’s largest economy. The UAE announced the plan on Thursday during President Sheikh Mohamed bin Zayed’s state visit to Berlin. The money will flow into industry, advanced technology, artificial intelligence, digital infrastructure and energy. That is €40 billion, or about $46.5 […]

Nvidia Lines Up $500 bn for AI Buildout With Six Wall Street Firms

Nvidia Lines Up $500 bn for AI Buildout

Nvidia just found $500 bn for AI buildout, and it didn’t have to write the check itself. On Monday, the chipmaker announced memorandums of understanding with six of Wall Street’s biggest names: Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR. The goal is to stand up independent compute financing platforms that pull in more than […]