How Saudi Arabia is pouring money into data centers and working with US and Chinese tech giants, landing its AI ambitions in the middle of a geopolitical tussle
www.nytimes.com/2025/10/27/t... Paul Mozur / @paulmozur : Instead of exporting oil, the kingdom wants to export computing power. The idea is coders in Europe, Africa, and Asia connect to Saudi data c...
Riyadh-based Hala, which offers payment services to 142K+ small businesses in the Gulf region, raised a $157M Series B, a source says at a ~$900M valuation
Aisha S Gani / Bloomberg : LinkedIn: Riyad Abou Jaoudeh and Aisha S Gani LinkedIn: Riyad Abou Jaoudeh : So excited to finally announce HALA 's $157M series B co-led by TPG and Sanabil Investments wit...
Riyadh-based Humain debuts Humain Chat, an Arabic and English conversational AI app powered by its Allam LLM and designed around Islamic values and heritage
Omar El Chmouri / Bloomberg : X: @humainai X: @humainai : HUMAIN Chat Beta is a Saudi innovation that will help drive the country's transformation towards achieving Vision 2030. HUMAIN CEO @TareqAmin...
The US DOD announces OpenAI, Google, Anthropic, and xAI have each won contracts with a $200M ceiling, aimed at enabling agentic AI national security workflows
Now his AI company is celebrating a $200M Pentagon contract and new unit to get government business Brian Fagioli / NERDS.xyz : Elon Musk wants to infect the government with AI using Grok Brady Knox /...
Marco Rubio says the US will impose visa bans on foreign nationals “who censor Americans” and calls arrest warrants for social media posts “unacceptable”
But this part reads 100% Brazil. — www.state.gov/announcement... X: Secretary Marco Rubio / @secrubio : Foreigners who work to undermine the rights of Americans should not enjoy the privilege of tra...
Nvidia CEO Jensen Huang says the company will send AI chips to Saudi Arabia's Humain for a 500 MW data center buildout, as President Trump visits the kingdom
Nvidia Chief Executive Officer Jensen Huang announced the partnership on stage at the Saudi-US Investment Forum in Riyadh, the Gulf nation's capital.
A profile of Saudi billionaire investor Prince Alwaleed, who, along with his investment firm Kingdom Holding, is the second-biggest shareholder in XAI Holdings
and what excites him most about Saudi's future. Full interview here: https://www.youtube.com/... @Alwaleed_Talal [video]
Niantic's $3.5B deal gives Scopely, acquired by Saudi-owned Savvy Games Group in 2023 for $4.9B, a total audience of 500M+ players, driven by Monopoly Go!
Financial Times :
Niantic Labs says it is selling its video game division, including Pokémon Go, to Saudi Arabia-owned developer Scopely for $3.5B, subject to regulatory approval
The $3.5 billion Scopely deal could bring Niantic's AR gaming catalog under Saudi ownership.
Surj, the sporting arm of Saudi Arabia's PIF, plans to invest $1B in DAZN and a new joint venture with the sports streamer; source: Surj will take a <5% stake
SURJ Sports Investment doesn't just invest for the sake of it. Any deal must add value to the Kingdom and align with its sporting ambitions, not just be a strong Matt Slater / @mjshrimper : In the lat...