Trending
Latest

Saudi Arabia to create $40bn fund for Artificial Intelligence - reports

One of Silicon Valley's major venture capital firms, Andreessen Horowitz, is said to be among the potential collaborators.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

April 04, 2024 | 11:02 AM BST

Saudi Arabia to create $40bn fund for Artificial Intelligence - reports

Brian Gillespie, General Counsel at PIF, speaks at the “ADR Accelerators and Enablers of Cross Border Trade and Foreign Direct Investment” panel, part of the Saudi Center for Commercial Arbitration 3rd International Conference and Exhibition SCCA24. Source: PIF

The Tech Capital

Saudi Arabia is planning the creation of a US$40 billion fund earmarked for investing in the rapidly-evolving field of Artificial Intelligence (AI).

Premium Article

Subscribe free for unlimited premium access to The Tech Capital.com

The Tech Capital
Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

Share this article
Keywords
More From

João Marques Lima

Founder and Editor, The Tech Capital

Related Articles