April 26, 2025 - 02:07
A government-owned company from Abu Dhabi is making significant strides in the artificial intelligence sector, with plans to allocate the majority of its capital to the United States. Ali Osman, the firm's chief investment officer, revealed this strategy during discussions at Semafor’s World Economy Summit. Osman emphasized the United States' position as a leader in AI technology, describing it as being on the "bleeding edge" of advancements in this rapidly evolving field.
The decision to focus investments in the US reflects a broader trend among global investors seeking to tap into the innovative AI landscape. As various industries increasingly adopt AI solutions, the demand for cutting-edge technology and expertise continues to grow. The firm's commitment to investing in the US market underscores its belief in the potential for significant returns in this dynamic sector.
Osman’s remarks highlight the importance of collaboration between international investors and American tech firms, which could lead to groundbreaking developments in AI applications across various sectors.
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