Saudi Arabia Collaborates with a16z to Invest $40 Billion in the AI Industry
Commercial Applications Latest News 

Saudi Arabia Collaborates with a16z to Invest $40 Billion in the AI Industry

According to The New York Times, the Saudi Arabian government announced last week its plan to invest $40 billion in the artificial intelligence (AI) industry and collaborate with renowned venture capital firm a16z. The fund is expected to invest in AI companies, chip manufacturers, and large data centers, among other related enterprises, starting in the second half of 2024.

You May Also Like

FTX Update: Price Surge and Sale of GBTC, FTX Holds $4.4 Billion Cash

FTX Update: Price Surge and Sale of GBTC, FTX Holds $4.4 Billion Cash

Uniswap Labs Raises Front-End Transaction Fees and Expands Collection Scope Silently in Preparation for Potential Litigation?

Uniswap Labs Raises Front-End Transaction Fees and Expands Collection Scope Silently in Preparation for Potential Litigation?

Who Profits from the Online Financial Flow of XREX Analysis Taiwan's N Room "Creative Private Room": Investigating the Beneficiary of Child Sexual Exploitation

Who Profits from the Online Financial Flow of XREX Analysis Taiwan’s N Room “Creative Private Room”: Investigating the Beneficiary of Child Sexual Exploitation

Leave a Reply

Your email address will not be published. Required fields are marked *