Kuwait joins AI infrastructure race with $10B venture

Kuwait's sovereign wealth fund has launched a $10 billion AI infrastructure venture with KKR, Nvidia, and Vistra to build data centers, power plants, and networks for hyperscalers. The initiative, led by Adam Selipsky, aligns with Gulf states' broader investments in AI, including Saudi Arabia's HUMAIN, Qatar's Qai, and UAE-backed firms like G42.