Prominent Investor Ray Dalio Calls the Middle East 'Silicon Valley for Capitalists': Praises National AI and Digital Asset Strategies

Ray Dalio, founder of the world's largest hedge fund, Bridgewater Associates, stated on the 8th that the Middle East is rapidly growing into one of the most powerful AI hubs in the world, becoming a 'Silicon Valley for capitalists' in terms of attracting investment and innovative talent.

In an interview with CNBC, Dalio highlighted that Middle Eastern countries such as the UAE, Saudi Arabia, and Qatar are creating a compelling environment for investors and AI-related companies by combining abundant capital, advanced infrastructure, and top talent from around the world.

There is a fervor for AI and technology here. Sa...