SpaceX is reportedly in discussions with Public Investment Fund (PIF) over a potential $5 billion anchor investment ahead of its…
Browsing: Saudi Arabia
Electronic Arts’ (EA) record-breaking $55 billion leveraged buyout — led by Saudi Arabia’s Public Investment Fund (PIF), U.S. investment firm…
What began as an idea inside a spring brainstorming session between Silver Lake’s Egon Durban and Jared Kushner, son-in-law of…
U.S.-based semiconductor startup Groq is in talks with investors to raise between $300 million and $500 million, aiming for a…
Elon Musk’s artificial intelligence company, xAI, has acquired X (formerly Twitter) in a deal that values the social media platform…
Niantic Labs, the maker of the highly successful “Pokémon Go”, announced on Wednesday that it would sell its video game…
U.S.-based semiconductor startup Groq has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced…
Salesforce announced on Monday that it plans to invest $500 million in artificial intelligence (AI) initiatives in Saudi Arabia, underscoring…
Saudi Arabia’s Public Investment Fund (PIF), one of the largest sovereign wealth funds globally, has allocated $5.2 billion of the…
Construction on Jeddah Tower, set to become the world’s tallest skyscraper, has resumed after a seven-year hiatus, with the project…
The OPEC+ alliance is tightening its focus on ensuring compliance with oil production cuts as it advances with a strategy…
Saudi Arabia’s investment strategy under Vision 2030, led by Minister Khalid al-Falih, is facing skepticism, but the kingdom remains steadfast…