The United Arab Emirates’ digital revolution has an unlikely architect. Khazna, a specialized real estate company that builds and rents out data centers, has quietly become the UAE’s AI infrastructure leader. The Dubai-headquartered company controls more than 70% of the country’s data center capacity. Its data centers store the servers of tech giants including Google, Amazon, and Microsoft. Starting with only 2 megawatts of capacity in 2014 — just enough to power about 1,600 homes — Khazna has b...