the company announced it was planning to invest $1.5billion into Saudi Arabia amid the country's bold ambitions to diversify its economy and venture into new tech-driven spaces. Oracle today ...
Saudi Arabia is reportedly poised to inject around $1 billion into the Reko Diq project, according to sources disclosed by Minute Mirror. The investment plan, part of a larger agreement, includes ...
Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric sedan.
The loyalty market in Saudi Arabia is to reach US$1.14 billion in 2024 ... aligning with the vision of Saudi Arabia for 2030. It aims to invest in and develop human resources while supporting ...
Ayar Third Investment Co. will be able to convert preferred stock into about 280m shares Lucid is raising $1 billion in capital from an affiliate of Saudi Arabia's Public Investment Fund (PIF), it ...
Ints Kalnins/Reuters — -- The U.S. Department of State approved a possible sale of tanks, machine guns, ammunition, and other land force military supplies to Saudi Arabia worth $1.15 billion.
Saudi Arabia’s Public Investment Fund (PIF) is planning a $40 billion fund to invest in artificial intelligence, The New York Times reported, citing sources familiar with the plans. This move would be ...
By Maureen Farrell and Rob Copeland The government of Saudi Arabia plans to create a fund of about $40 billion to invest in artificial intelligence, according to three people briefed on the plans ...
More venture capitalists may participate in the Kingdom’s AI fund Dubai: Saudi Arabia’s PIF is in talks to invest $40 billion (Dh146.9 billion) in artificial intelligence (AI) as the Kingdom ...
Saudi Arabia wants ... just an oil state Saudi Arabia is in talks with VC firm Andreessen Horowitz to partner on its AI fund, according to the Times, which could invest in AI chip makers, data ...
Meanwhile, in line with its plan, Saudi Arabia will source its AI fund through the Kingdom’s $900 billion sovereign wealth fund. It also plans to invest in chip manufacturers and large data ...
Saudi Arabia’s sovereign wealth fund is in talks with American venture capital firm Andreessen Horowitz and potentially others to create a $40bn fund to invest in artificial intelligence ...