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Dubai’s Sajwani Says OpenAI, SpaceX, Anthropic Bets Returned Billions

Dubai billionaire Hussain Sajwani said Thursday that his investments in OpenAI, SpaceX and Anthropic have collectively earned him billions of dollars. “Just these three companies — OpenAI, SpaceX and Anthropic — we made billions of dollars,” Sajwani said, adding that his Dubai property firm Damac Group has diversified into technology and data center investments in recent years.

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AI take

Sajwani's remarks are notable less as an investment scorecard than as a signal of how Gulf property capital is repositioning toward AI and space assets, with Damac's data center push as the tangible link. The gains, as described, are paper wealth tied to private companies, so the claim rests on valuations rather than realized exits. The open question is whether this diversification is a one-off bet by a single billionaire or the leading edge of broader Gulf family-office flows into private AI names.

Generated by AI for reference only.

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