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The country put on a show on the theme of artificial intelligence, which makes for excellent photos for social media and content for press releases. All that money, time and jet fuel spent could just have been an email.

The Abu Dhabi investment firm just upped the AI stakes, private debt in the Gulf is having its moment in the sun, and other updates from this week.
A $234 million raise is chump change in the global AI arms race. Can Sarvam still compete?
The retired banker wants India’s top companies to invest in AI. But the capital, ambition, and urgency simply aren’t there.