Kuwait Investment Authority joins AI Infrastructure Partnership
KIA is the first non-founder financial anchor investor to join AIP. With decades of deep investment experience, KIA is "well positioned to support AIP's growth and help execute its global strategy."
Established in September 2024 by BlackRock, Global Infrastructure Partners (GIP), MGX, and Microsoft, AIP was created to help mobilise $30 billion in equity capital from investors, asset owners, and corporations, with the potential to reach up to $100 billion when including debt financing.
Over the past year, it has become one of the world's leading AI infrastructure platforms with the addition of technology partners NVIDIA, xAI, and Cisco, along with agreements with GE Vernova and NextEra Energy to help accelerate the scaling of energy solutions for AI data centres.
Sheikh Saoud Salem Abdulaziz Al-Sabah, Managing Director of KIA, said: 'KIA's participation in AIP reflects our long-term commitment to investing in transformative global infrastructure that drives innovation and economic progress. We view AI infrastructure as an instrumental driver of future growth, and we are proud to collaborate with leading global partners to accelerate its development at scale.'
The partnership announcement coincided with His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court's official visit to Kuwait.
It is one of many agreements signed between Emirati and Kuwaiti entities in sectors ranging from technology, diplomacy, justice, defence, education, and social affairs.
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