Saudi Arabia and the UAE are funding America's AI boom — and getting data centers in return.

Gulf states are now frontrunners in the AI race but competition will only intensify.

The AI IPO season is here with SpaceX, Anthropic, and OpenAI preparing for huge listings. These companies are seeking public funds to cover their significant expenses. Valuations…

"Some have bid for $10 billion or more of stock..."

Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, the people said, asking not to be…