#post-oil-economy-transition

[ follow ]
#saudi-arabia-technology-investment #ai-infrastructure-development #economic-diversification #vision-2030
Venture
fromSilicon Canals
9 hours ago

Saudi Arabia launches $100B tech fund as Middle East bets big on post-oil innovation - Silicon Canals

Saudi Arabia launched a $100 billion technology investment fund focused on AI infrastructure, semiconductors, and data centers, marking an accelerated shift away from petroleum dependency.
fromSilicon Canals
1 day ago

Saudi Arabia launches $40B tech fund as Gulf states race to diversify beyond oil - Silicon Canals

Saudi Arabia just made its most aggressive move yet in that generational project. The kingdom announced a new $40 billion technology investment fund, developed in partnership with American venture capital heavyweight Andreessen Horowitz (a16z), aimed at positioning Saudi Arabia as a global hub for artificial intelligence, cloud infrastructure, and advanced computing.
Venture
[ Load more ]