Abu Dhabi throws a surprise challenger into the AI race
It has released the world’s most powerful open-source model, and will soon launch an AI company
OVER RECENT decades the oil-rich economies of the Gulf have shown a taste for flashy government projects with dubious payoffs. In the early 2000s Dubai spent an estimated $12bn building an artificial archipelago shaped like a palm. Last year Qatar splurged around $220bn hosting the football World Cup. Saudi Arabia, the region’s gorilla, is building a pair of 120km-long skyscrapers in the desert—for roughly $1trn.
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This article appeared in the Business section of the print edition under the headline “Can Falcon soar?”
Business
September 23rd 2023- Could OpenAI be the next tech giant?
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From the September 23rd 2023 edition
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The race to elect the next head of the Olympics is heating up
The winner will be faced with growing competition and a changing media landscape
7-Eleven is still struggling to fend off its Canadian suitor
The saga points to the sluggish pace of corporate reform in Japan
The importance of repetition in the workplace
The importance of repetition in the workplace
Western companies are experimenting with DeepSeek
But concerns over security, censorship and dependence on China remain
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The carmaker’s sales are sinking for other reasons too