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Algotech in focus following Saudi Arabia AI fund news
Saudi Arabia is reportedly in discussions with venture capital firms including Andreessen Horowitz to set up a $40 billion AI fund. S&P 500 is keeping strong on the back of AI Evidently, the Kingdom wants to stretch its arms in artificial intelligence – a market that’s been growing at an exceptional pace with no a […] дальше »
2024-3-28 16:49 | |
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Saudi Arabia plans $40 billion AI fund: report
Saudi Arabia is eyeing a $40 billion fund that will invest in artificial intelligence (AI) startups, the New York Times reported. According to the publication, the Saudi Arabian government, through its sovereign wealth fund the Public Investment Fund (PIF), is in talks with potential partners for the AI fund. дальше »
2024-3-21 16:46 | |
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Saudi Arabia’s Sovereign Wealth Fund Invests in Magic Leap
Discover how Saudi Arabia's sovereign wealth fund investment in Magic Leap is shaking up the VR industry.. The post Saudi Arabia’s Sovereign Wealth Fund Invests in Magic Leap appeared first on NFT News Today. дальше »
2024-1-25 08:52 | |
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Saudi Arabia’s NEOM partners with Animoca, eyes $50m deal
Animoca will develop web3 solutions and establish a hub in Saudi Arabia following the partnership with NEOM Investment Fund. Metaverse and blockchain gaming venture capital firm Animoca Brands has entered into a strategic partnership agreement with the NEOM Investment Fund,… дальше »
2023-10-30 14:00 | |
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Susquehanna, DRW Are Among Backers of Bankruptcy Claims Exchange OPNX, the Firm Tweets
Other investors include U.S. options exchange MIAX Group and Saudi digital asset fund Tuwaiq, OPNX said Friday. дальше »
2023-4-21 18:35 | |
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Newcastle United Fans Don’t Care Where Investment Comes From, and Why Should They?
Some 80 percent of the financing for a planned takeover is being provided by the Saudi Arabia Sovereign Wealth Fund, which is under the control of Crown Prince Mohammad bin Salman. The post Newcastle United Fans Don’t Care Where Investment Comes From, and Why Should They? appeared first on CCN.com дальше »
2020-1-29 23:48 | |
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Saudi Arabia Joins SoftBank in Biggest-Loser Club with $1.1 billion Uber Loss
Uber Technologies’ (NYSE:UBER) fifth largest shareholder, the sovereign wealth fund of Saudi Arabia, has now lost over a billion dollars by investing in the ride hailing firm. Based on the most recent holdings report to the SEC, the Kingdom of Saudi Arabia’s Public Investment Fund currently owns 72,840,541 shares in Uber Technologies. дальше »
2019-10-23 20:00 | |
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If You Stupidly Invested $1,000 in the Uber IPO, Here’s How Much You Threw Away
By CCN: The Uber stock price continues to freefall today following a historically terrible initial public offering (IPO). Last Friday, Uber held its first day as a publicly traded company with a starting price of $42 – already three dollars below its IPO price. дальше »
2019-5-14 22:41 | |
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Uber IPO Smacks Saudi Wealth Fund with $200 Million Loss
By CCN: The Saudi Arabian Public Investment Fund (PIF) was one of the first believers in Uber, ponying up billions of dollars to invest in it back in 2018. Now that the ride-sharing company has finally gone public, the fund stands to be one of the biggest losers. дальше »
2019-5-12 14:24 | |
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Bahrain Are Setting Up For A Crypto Adoption Overhaul
The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact. дальше »
2018-10-14 23:00 | |
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Tokenize Tesla to Take it Private Says Investor, But Musk Says Saudi Fund is Providing the Capital
An investor has suggested Musk could launch a Tesla Coin to take it private. Haydar Habra, of Andra Capital, says: “I love Tesla, I love Elon Musk, and I think... The post Tokenize Tesla to Take it Private Says Investor, But Musk Says Saudi Fund is Providing the Capital appeared first on Trustnodes. дальше »
2018-8-13 17:14 | |
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Saudi Arabia Continues to Move Forward On Blockchain
The Capital Market Authority of Saudi Arabia has approved fintech licenses for Manafa Capital and Scopeer to provide crowdfunding investment services on a trial basis, Reuters reported. This would mean that any investors could use the platforms to fund not only small enterprises but also mid-sized companies. дальше »
2018-7-13 15:59 | |
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