Yahoo Finance Tech·2 min read
Factbox-Escalating tensions turn spotlight on Big Tech's AI investments in Middle East
Big Tech's AI investments surge amid Middle East tensions
The U.S.-Israeli air war against Iran has triggered uncertainty in the Middle East. Microsoft plans to invest $15.2 billion in the UAE by 2029, while Amazon commits over $5.3 billion for a new data center in Saudi Arabia.
These investments are part of a broader strategy to transform the region into a global tech hub. With billions flowing into AI and cloud computing, the stakes are high for attracting foreign capital and building local tech ecosystems.
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