Iran War Jeopardizes Gulf's $300B AI Buildout
Iran’s war is complicating Gulf nations’ plans to invest more than $300 billion in AI infrastructure, including data centers and chips, potentially squeezing funding for power-hungry AI ventures. The UAE and Saudi Arabia are key hubs for these projects, attracting regional firms and U.S. players like OpenAI, Microsoft, Amazon, Oracle and Google drawn by cheap energy, but conflict risks could slow or derail much of the investment.