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Hello and welcome to Eye on AI…In this edition: my chat with AI leader Eric Xing…Trump’s AI export plan…drama at the International Math Olympiad…Stargate update…transparency in reasoning. I was excited and curious to meet Eric Xing last week in Vancouver, where I was attending the International Conference on Machine Learning—one of the top AI research … Read more
OpenAI is poised to help develop a staggering 5-gigawatt data center campus in Abu Dhabi, positioning the company as a primary anchor tenant in what could become one of the world’s largest AI infrastructure projects, according to a new Bloomberg report. The facility would reportedly span an astonishing 10 square miles and consume power equivalent … Read more
Key Takeaways Mubadala Investment Company increased its holdings in BlackRock’s spot Bitcoin ETF to 8.7 million shares valued at $408 million. Citadel Advisors expanded its IBIT holdings to over 3 million shares worth approximately $147 million. Share this article New SEC filings reveal that Abu Dhabi’s Mubadala Investment Company and Citadel Advisors have increased their … Read more
A rendering of Disney’s new theme park on Yas Island in Abu Dhabi. Disney A new Disney theme park is coming to Abu Dhabi. The Walt Disney company announced Wednesday that it has reached an agreement with immersive destination and experiences company Miral to bring a park and resort to Yas Island in the United Arab … Read more
In one of the more surreal twists in the ongoing crypto-political soap opera, a $2 billion investment deal in Binance just got an extra dose of intrigue. An Abu Dhabi investment firm is buying a minority stake in the world’s biggest crypto exchange, and the deal is being done in a stablecoin backed by none … Read more
In his “Full Send” keynote at the Token2049 event in Abu Dhabi on 30 April 2025, Arthur Hayes, Maelstrom’s CEO confirms his bullish outlook on crypto markets. “It’s time to go long everything,” he says. He explains further that in terms of a market setup, a similar situation unfolded in September 2022, where the central … Read more
Abu Dhabi’s financial regulator has fined crypto firm Hayvn and its CEO more than $12 million for AML breaches and unlicensed activity. The Financial Services Regulatory Authority of Abu Dhabi Global Market has taken enforcement action against Hayvn Group and its former CEO, Christopher Flinos, for regulatory breaches and unlicensed crypto activity. In a press … Read more
Attendees at IDEX in Abu Dhabi visit the Israel pavilion during the Middle East’s largest defense expo on Feb. 18, 2025 Natasha Turak | CNBC ABU DHABI, United Arab Emirates – A record 34 Israeli companies exhibited at IDEX this week, the Middle East’s largest defense expo hosted biennially by Abu Dhabi. After fifteen months … Read more
Key Takeaways Mubadala Investment Company invested $436.9 million in iShares Bitcoin Trust ETF during Q1 2024. This is one of the inaugural crypto asset investments by a major sovereign wealth fund. Share this article Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, purchased $436.9 million worth of iShares Bitcoin Trust (IBIT) shares in the first … Read more
Khaldoon Al Mubarak, CEO of Mubadala, an Abu Dhabi sovereign wealth fund Marc Atkins | Getty Images Sport | Getty Images The world has yet to fully recognize the extent of change artificial intelligence will bring to every aspect of human life, the CEO of Abu Dhabi sovereign wealth fund Mubadala told CNBC at the … Read more
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