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CNBC

Middle Eastern funds are plowing billions of dollars into hottest AI start-ups

CNBC
Summary
Nutrition label

86% Informative

Sovereign wealth funds out of the Middle East are emerging as key backers of Silicon Valley's artificial intelligence darlings.

Oil-rich nations like Saudi Arabia , United Arab Emirates , Kuwait and Qatar have been looking to diversify their economies.

In the past year , funding for AI companies by Middle-Eastern sovereigns has increased fivefold.

VR Score

89

Informative language

89

Neutral language

70

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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