Aramco

Q&A with SandboxAQ CEO Jack Hidary on the Alphabet spinoff's partnership with Aramco, how quantum AI can help turn captured CO2 into valuable products, and more

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Graphiant, a San Jose-based NaaS startup, raised a $19M Series B extension led by Aramco's Wa'ed and Saudi Telecom's Tali, bringing the round total to $102M

Fahad Abuljadayel / Bloomberg :

Groq and Aramco plan to build a Saudi Arabia data center by the end of 2024; Groq says it will be the world's largest AI inferencing center with 19K Groq GPUs

Matthew Martin / Bloomberg :

Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a ~$3B valuation, making it the only foreign investor in Chinese generative AI

Aramco's Prosperity7 takes part in investment round for start-up Zhipu AI  —  A Saudi Arabian fund has backed China's …

Saudi Arabia's PIF reports a $15.6B loss in 2022 after its Vision Fund and tech investments plunged; assets under management grew to $595.5B thanks to Aramco

- Softbank's fund saw a record loss of $32 billion in 2022  — Current estimates place the PIF's assets at $777 billion

Hammerspace, which offers data orchestration systems for Blue Origin, NSF, Royal Caribbean Group, and others, raised $56M led by Aramco's Prosperity7 Ventures

Ingrid Lunden / TechCrunch :

Riyadh-based Manafa, which offers SMBs debt and equity financing based on a crowdfunding model, raised a ~$28.2M Series A led by STV and Aramco's Wa'ed Ventures

Deena Kamel / The National :

Google gets regulatory clearance to set up a “cloud region” for GCP in Saudi Arabia via a partnership with oil producer Aramco, risking a backlash from staff

Italian energy company Saipem was hit by a new variant of the notorious Shamoon disk-wiping malware, which attacked Saudi Arabian oil giant Aramco in 2012

Eduard Kovacs / SecurityWeek :

Italian energy company Saipem was hit by a new variant of the notorious Shamoon disk-wiping malware, which attacked Saudi Arabian oil giant Aramco in 2012

Italian oil and gas services company Saipem has confirmed that its systems were hit recently by a new variant of the notorious Shamoon malware.