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Algotech in focus following Saudi Arabia AI fund news
Saudi Arabia is reportedly in discussions with venture capital firms including Andreessen Horowitz to set up a $40 billion AI fund. S&P 500 is keeping strong on the back of AI Evidently, the Kingdom wants to stretch its arms in artificial intelligence – a market that’s been growing at an exceptional pace with no a […] дальше »
2024-3-28 16:49 | |
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Anthropic founders block Saudi Arabia from buying FTX-owned stake
AI firm Anthropic has blocked Saudi Arabia from engaging in the sale process of 8% of its shares — currently owned by defunct crypto exchange FTX, CNBC reported on March 22, citing people familiar with the matter. дальше »
2024-3-24 02:14 | |
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Saudi Arabia plans $40 billion AI fund: report
Saudi Arabia is eyeing a $40 billion fund that will invest in artificial intelligence (AI) startups, the New York Times reported. According to the publication, the Saudi Arabian government, through its sovereign wealth fund the Public Investment Fund (PIF), is in talks with potential partners for the AI fund. дальше »
2024-3-21 16:46 | |
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Saudi Ministry of Culture and droppGroup Launch ‘Cultural Universe’
Launched by the Saudi Ministry of Culture and droppGroup, the Cultural Universe is a government-operated Metaverse for cultural engagement. The post Saudi Ministry of Culture and droppGroup Launch ‘Cultural Universe’ appeared first on NFT News Today. дальше »
2024-2-29 19:33 | |
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Saudi Arabia’s Sovereign Wealth Fund Invests in Magic Leap
Discover how Saudi Arabia's sovereign wealth fund investment in Magic Leap is shaking up the VR industry.. The post Saudi Arabia’s Sovereign Wealth Fund Invests in Magic Leap appeared first on NFT News Today. дальше »
2024-1-25 08:52 | |
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