Post by armin lauer
CEO & Founder “GatewayToDubai” - Strategic Advisor | UAE & Saudi Market Entry | Family Office & Investor Solutions | Business Implementation Expert
Left in the Dust: How Dubai & Riyadh Are Racing Ahead While Europe Idles 1 | The Compass Has Shifted A few years ago, the tech spotlight fell almost exclusively on Silicon Valley. Today, the world’s most eye-catching deals are signed in the Gulf. Abu Dhabi’s G42 is pouring US $20 billion into the “Stargate” AI megacluster, designed to import half a million Nvidia chips every year. Meanwhile Amazon Web Services is building a US $5.3 billion “AI Zone” in Riyadh, and Oracle has pledged US $14 billion for regional cloud capacity. When U.S. giants voluntarily plant their crown-jewel technology in Abu Dhabi and Riyadh, a new gravity center is obvious — and Europe is nowhere near it. #InnovationEconomy #Startups #ScaleUp #ArtificialIntelligence #DubaiTech #SaudiVision2030 #MiddleEastVC #DigitalAgenda #VentureCapital #TechPolicy #D33 #EuropeLags #GatewayToDubai Gateway to Dubai Michael Mateer Nayef Alhajraf Alex Johnson Dr. Thomas Goergen Mark Lougher Taghreed Almashari Sultan Al-Mansour Dr. Sultan Al Jaber Saleh ALhammad Chris McDonald Mario Mühlegger Urs Bolt 博尔特 Roger H. Hartmann, ESG Advisor Roger Stettler Mohammed Zuhair Ahmed Christian S. Christian Lindner Angus Gibson Felix Scherer Melanie Goodman Danko Nikolic Antony Martini Francesco J. Ciringione Frank Schwab Efi Pylarinou Robert Straw