Saudi Arabia launches B tech fund to boost up post-oil financial transformation – Silicon Canals Technology

Saudi Arabia launches $40B tech fund to boost up post-oil financial transformation – Silicon Canals

Saudi Arabia has introduced a brand new $40 billion era funding fund geared toward synthetic intelligence, signaling what is also probably the most competitive unmarried guess any country has put on a post-oil long term. The fund, created in partnership with US-based Andreessen Horowitz, will channel capital into AI infrastructure, semiconductor provide chains, and complex […]

Saudi and UAE sovereign AI plans nonetheless depend on Nvidia and US era – Silicon Canals Technology

Saudi and UAE sovereign AI plans nonetheless depend on Nvidia and US era – Silicon Canals

Saudi Arabia and the United Arab Emirates are spending closely to construct artificial-intelligence capability they may be able to keep an eye on at house. Their procurement alternatives, on the other hand, level to a narrower type of sovereignty than the branding suggests: home information facilities and nationwide AI corporations constructed on overseas chips, device […]