Abhishek Shukla is the managing director for Prosperity 7.

Companies like NVIDIA and Oracle are pursuing sovereign AI as a significant revenue opportunity.

Cohere is a portfolio company of Prosperity 7.

Prosperity 7 previously invested in silicon companies Grok and Fabrica, both of which were later acquired by NVIDIA.

Cohere's competitive advantage is based on serving models fine-tuned to customer-specific data within their virtual private cloud, complete with custom guardrails and security.

The strategy for Humane involves leveraging Saudi Arabia's energy advantage, providing customers a choice of silicon and models, and developing a best-in-class Arabic language model.

The Gulf region's sovereign AI strategy is based on leveraging its energy resources as a competitive advantage to convert electrons into intelligence.

Prosperity 7 is the diversified venture capital arm of Saudi Aramco, with Saudi Aramco as its only LP.

Prosperity 7 is an investor in World Labs.

Humane is considered a sovereign AI company of the Kingdom of Saudi Arabia.

Prosperity 7's current fund is approximately $5 billion.