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Gulf firms await AI giants' funds

Gulf companies are preparing to achieve significant gains through the upcoming initial public offerings (IPOs) of "SpaceX," "OpenAI," and "Anthropic," with these offerings expected to add up to $4 trillion to the market capitalization of U.S. stocks in the coming months. "SpaceX" is aiming for a valuation close to $1.8 trillion, while "OpenAI" and "Anthropic" are each valued at tens of billions of dollars. Gulf investment firms such as "Kingdom Holding," "Humain," and "MGX" are poised to benefit from these listings.

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