Kuwait Investment Authority joins AIP with Big Names

Abbas Aziz By Abbas Aziz
3 Min Read

In a major move to back the future of artificial intelligence, the Kuwait Investment Authority (KIA) has officially joined the AI Infrastructure Partnership (AIP). This global alliance is spearheaded by MGX, Microsoft, BlackRock, and Global Infrastructure Partners (GIP), a subsidiary of BlackRock, and aims to supercharge global investment in next-gen AI infrastructure.

A Strategic Addition to a Powerful Partnership

KIA is now the first non-founder financial anchor investor in AIP. This step amplifies AIP’s reach and adds valuable global depth to its mission. With decades of investment experience and a robust portfolio, KIA is well-equipped to help steer AIP’s global strategy and scale its impact.

  • First non-founder financial investor in AIP
  • Backed by decades of global investment leadership
  • Aligned with long-term tech innovation goals

“We view AI infrastructure as a critical driver of future growth,” said Sheikh Saoud Salem Abdulaziz Al-Sabah, Managing Director of KIA. “Our participation reflects a firm commitment to global innovation and infrastructure that drives economic progress.”

Building the Backbone of AI

Launched in September 2024, AIP was created to mobilize a massive $30 billion in equity capital from investors, corporations, and asset owners. With debt financing included, the platform has the potential to reach up to $100 billion.

  • $30B equity capital mobilization target
  • Potential to reach $100B with debt financing
  • Focused on large-scale AI data center infrastructure

The goal? To build the physical and digital backbone needed to support AI’s rapid growth — from data centers to energy systems.

A Growing Ecosystem of Global Partners

AIP has quickly evolved into one of the world’s leading AI infrastructure platforms, attracting top-tier tech companies and energy leaders. Strategic partners include:

  • NVIDIA
  • xAI (Elon Musk’s AI venture)
  • Cisco
  • GE Vernova and NextEra Energy — to drive energy solutions for data centers

This diverse network is critical to delivering both innovation and scale in a space racing to keep up with AI’s exploding demands.

Strong Backing from Leadership

MGX CEO Ahmed Yahia Al Idrissi welcomed KIA as a strategic capital partner. He called it a “significant milestone” for the partnership.

“As demand for AI infrastructure grows, we must move faster and invest smarter,” he noted.

Bayo Ogunlesi, Chairman and CEO of GIP, also praised the new partnership, highlighting a long-standing relationship with KIA and a shared vision to accelerate AI-driven economic growth.

Looking Ahead

KIA’s involvement sends a strong message: AI infrastructure is the future, and global capital is mobilizing to build it. By joining AIP, KIA positions itself at the heart of this transformation, working alongside tech and investment giants to power tomorrow’s digital economy.