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...
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 …
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 :
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 :
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 :
Uber raises $3.5B from Saudi Arabia's Public Investment Fund, will add managing director of the fund to its board
SAN FRANCISCO — In its quest to build a global empire, Uber has turned to the Middle East for its biggest infusion of cash from a single investor.