How The Iran War Threatens Big Tech’s AI Data Center Buildout In The Middle East
CNBC·2026-03-12 14:00
The Middle East was supposed to be the next frontier for AI. America's biggest tech companies poured tens of billions of dollars into data centers across the Gulf region and received tens of billions in support from oil rich nations. They had access to cheap energy.They had Sovereign investment in these projects. And they also had geographically access to these emerging markets in Asia. Then the U.S. and Israel struck Iran, and that AI future suddenly looks less certain. The U.S. and Israel striking Iran fo ...