Singaporean state-owned investor Temasek plans to open offices in Abu Dhabi and Riyadh, expanding its Middle East footprint as the region attracts capital despite the strain of the Iran war.
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Nvidia and Intel recently tapped the bank to help them meeting soaring demand for compute.
Nvidia is attempting to turn its artificial intelligence chips into Wall Street's newest asset class, partnering with six large asset managers on a $500 billion financing push designed to treat compute infrastructure much like commercial real estate, toll roads or other assets to borrow against.