News ClipRest of World·TX
The UAE’s OPEC exit frees up oil wealth as it bets big on AI
The United Arab Emirates is leveraging increased oil revenue to make significant investments in artificial intelligence and data center infrastructure, particularly in the U.S. Emirati entities like G42, ADNOC, and XRG are partnering with companies such as Microsoft and OpenAI to develop data centers and acquire U.S. gas infrastructure to meet the growing electricity demand. This strategic move aims to establish the UAE as a key player in the global AI economy by controlling compute, energy access, and capital.
5/20/2026
