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Alterra's investments designed to hedge against AI bubble, says chief executive

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The National
“Alterra's investments designed to hedge against AI bubble, says chief executive”

Alterra, the UAE's $30 billion climate vehicle , has designed its artificial intelligence investment strategy to protect it against a much talked about bubble in the sector, its chief executive has told The National . The fund's focus on investing in energy systems powered by AI and not directly into the technology is serving as a “hedge” against any potential bubble that may burst in the booming industry, Majid Al Suwaidi said. “We're investing in the only place that our portfolio touches the…

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