You Searched For "public investment fund of saudi arabia" and got 20 results
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3 mins read
Saudi Arabia spent years investing in global tech firms. Its domestic AI push hopes they'll return the favor.
The kingdom is looking to companies overseas to help it meet its AI ambitions at home after years o…
Hasan Chowdhury
2 mins read
Saudi Arabia parts ways with the CEO of Neom, its new desert megacity
Neom, Saudi Arabia's ambitious megacity project, is a key part of Vision 2030 but has cut back targ…
Pete Syme
1 min read
The financial ties between China and Saudi Arabia keep getting deeper
China has has chosen Saudi Arabia as the site for its first US dollar bond sales in three years.
Filip De Mott
2 mins read
Saudi Arabia is pulling back on a global spending spree to focus on its own projects
Saudi Arabia's Public Investment Fund chief said the kingdom is changing its relationship with fore…
Polly Thompson
5 mins read
Saudi Arabia's futuristic city just faced another setback, but the country still has its eyes on being an AI leader
Saudi Arabia's ambitious plans for a futuristic city in the desert faced another setback. Meanwhile…
Dan DeFrancesco
5 mins read
Saudi Arabia is on a high-stakes mission to buy the world
The Kingdom's sovereign wealth fund has risen in prominence as it has invested in everything from U…
Hasan Chowdhury
2 mins read
Saudi Arabia's Neom project devolved into a wrestling match between bosses, report says
A dispute between a Neom executive and construction manager degenerated into a physical brawl, acco…
Tom Porter
3 mins read
Saudi Arabia just stepped up plans to court the world's AI leaders to its desert kingdom
The Middle East kingdom is betting big on AI as it races against the clock to diversify its economy…
Hasan Chowdhury
1 min read
Saudi Arabia is throwing money at Neom, pushing the value of its Vision 2030 over $1 trillion
Saudi Arabia is still spending big on Neom, its ambitious megacity under construction in the desert.
Beatrice Nolan
4 mins read
Saudi Arabia is seeking billions in Chinese investment for Neom. But it comes with a massive risk.
Saudi Arabia is brokering closer ties with China. But the alliance is of growing concern to Saudi's…
Tom Porter
1 min read
Saudi Arabia is reportedly funding a Chinese startup that aims to take on OpenAI
A Saudi Arabian fund recently became the sole foreign investor in Zhipu AI, a Chinese startup that …
Beatrice Nolan
2 mins read
Saudi Arabia may be forced to reassess megaprojects like Neom
Saudi's Vision 2030 plans feature several projects, including the futuristic megacity Neom and an e…
Beatrice Nolan
2 mins read
Saudi Arabia's Neom dreams collide with financial reality as budgets reportedly face big cuts
Neom is expected to get 20% less than its target funding for the year, with plans for an airline al…
Beatrice Nolan
1 min read
Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks
"US is the number one market, US is the number one partner, and we hope we can partner more deeply,…
Filip De Mott
5 mins read
Saudi Arabia's Neom dreams are starting to crack under financial pressure
The kingdom has struggled to attract the levels of foreign investment it needs to fully realize its…
Beatrice Nolan
2 mins read
Saudi Arabia to raise $12 billion by selling more shares in Saudi Aramco amid Neom struggles
The sale comes amid Saudi Crown Prince Mohammed bin Salman's Vision 2030 plan to diversify the king…
Polly Thompson
2 mins read
Elon Musk's xAI says it just raised $6 billion in funding, pulling in big bucks from Sequoia Capital and Saudi Arabia
Musk said in an X post that the AI startup's pre-money valuation was $18 billion.
Kwan Wei Kevin Tan
2 mins read
Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
Neom officials visited Beijing, Shanghai, and Hong Kong to court Chinese investors and shed more li…
Beatrice Nolan
5 mins read
Saudi Arabia looking to China for a lifeline for its futuristic city could mean trouble for the US
Saudi Arabia courting Chinese investors for help with its massive, futuristic city could make the U…
Dan DeFrancesco
3 mins read
Saudi Arabia wants big spenders for the first part of its Neom megaproject
The luxury Red Sea island resort of Sindalah is due to open this year. It's aimed at upmarket trave…