TNW

Abu Dhabi says $100bn of AI capital sits in its financial centre. Its own announcement cannot decide whether that money is held there or spent.

Abu Dhabi Global Market reported more than $100bn in AI-focused capital in its first-half results, alongside 54% growth in assets under management. The same release describes that sum as deployed from the centre in one place and held by entities in another, which are not equivalent claims. Roughly half the total is MGX, the state-backed [] This story continues at The Next Web