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Public Investment Fund

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Coverage Timeline

2026-01-14
Bloomberg 2 related

Saudi Arabia's PIF transfers ~$12B worth of gaming company shares, including of Nintendo, to Savvy Games; PIF already transferred 11M Take-Two shares in 2025

Saudi Arabia's Public Investment Fund is transferring roughly $12 billion worth of gaming company shares, including firms …

2025-10-24
Sources 1 related

Sources: Snap is in talks with investors, including Saudi Arabia's Public Investment Fund, to raise at least $1B for its AR glasses division

New details on Evan Spiegel's quest to win the AR race.  Also: this week on ACCESS.  —  ∙ Paid  —  Snap is in talks to raise at least … X: @alexeheath . LinkedIn: Alex Heath X: Alex Heath / @alexeheat...

2025-06-12
The Information 11 related

Sources: OpenAI talked to Saudi Arabia's PIF, India-based Reliance, and the UAE's MGX about investing in the next installment of its $40B round led by SoftBank

OpenAI has talked to Saudi Arabia's Public Investment Fund, Indian conglomerate Reliance Industries and existing shareholder …

2024-03-20
New York Times 14 related

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 :

2024-01-17
VentureBeat 6 related

Magic Leap's CEO and CTO talk about the future of the company, as a filing shows Saudi Arabia's Public Investment Fund has invested $590M in debt funding

Dean Takahashi / VentureBeat :

2023-04-06
Variety 19 related

Saudi Arabia's Savvy Games Group plans to acquire US-based mobile game maker Scopely for $4.9B; Scopely was reportedly valued at $5.4B in October 2021

End of 2019 I made the big jump from Europe to the US. … Mike DeLaet : Congrats to all of my friends and former colleagues at Scopely for such a tremendous outcome!  It was great to see a lot of you a...

2023-02-17
Bloomberg 8 related

Filing: the Saudi Arabian Public Investment Fund's Savvy Games Group now owns 8.3% of Nintendo, the largest outside stake, up from ~6% at the start of 2023

Saudi Arabia's Public Investment Fund became the largest outside shareholder of Nintendo Co. on Friday, in the latest move by the Gulf state to lower its reliance on oil.

2022-05-18
Financial Times 12 related

Filing: Saudi Arabia's Public Investment Fund takes a ~5% stake in Nintendo, worth $2.98B; the PIF disclosed a 5% stake in Japan's Nexon and Capcom in February

Sovereign wealth fund has already bought into Japan's Capcom and Nexon  —  Saudi Arabia's sovereign wealth fund has acquired …

2022-01-25
Sports Business Journal 7 related

Sources: Savvy Gaming Group, backed by the Saudi Arabian government's Public Investment Fund, acquires esports companies ESL and FACEIT for a combined $1.5B

Kevin Hitt / Sports Business Journal :

2021-10-04
Bloomberg

Middle Eastern e-commerce service Noon.com raises $2B from Saudi Arabia's Public Investment Fund and others, spread out over three to four years

Zainab Fattah / Bloomberg :

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