Sources: Saudi Arabia's Public Investment Fund discussed a potential partnership with a16z and others to create a fund of about $40B to invest in AI in H2 2024
New York Times
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Discussion
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@pitdesi
Sheel Mohnot
on x
The Saudis are planning a $40B AI fund, perhaps in partnership with A16Z. A16Z has discussed opening an office in Riyadh according to the article. AI, the new black gold? [image]
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@realrobcopeland
Rob Copeland
on x
Half of Wall Street and all of Silicon Valley is slobbering for a chance at a $40 billion pool of Saudi Arabian cash aimed at artificial intelligence Scoop action here w/ @maureenmfarrell https://www.nytimes.com/...
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@danprimack
Dan Primack
on x
Less than the Saudis committed to SoftBank Vision Fund
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@rbrtrmstrng
Robert Armstrong
on x
Aaaaand that's the top. Saudi Arabia Plans $40 Billion Push Into Artificial Intelligence https://www.nytimes.com/...
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r/wallstreetbets
r
on reddit
The government of Saudi Arabia plans to create a fund of about $40 billion to invest in artificial intelligence (NVDA to the moon bers BTFO)