“AI supremacy is essentially an energy play,” shared ADNOC CEO and Minister of Industry and Advanced Tech HE Dr. Sultan Al Jaber at the ENACT (Energy andAction) Summit in Washington, DC. The forum was held by the Atlantic Council, XRG and MGX to explore the intersection of tech and AI. It featured leading voices across tech, AI and the financial sector, including US Secretary of Energy Chris Wright.
At the Summit, HE Dr. Al Jaber also explained how the UAE plans to boost US investments from $70 billion to $440 billion over the next decade through the UAE investment vehicle XRG.
Why This Matters
The UAE's $440 billion investment in American energy is helping to address critical gaps in America’s AI infrastructure. These investments will provide reliable and affordable energy required to power advanced AI data centers, support innovation and create jobs across the US. The UAE’s energy investments supportAmerica’s AI leadership.