Austin-based Neurophos, which develops a photon-based “Optical Processing Unit” to replace GPUs in AI training, raised $110M led by Bill Gates' Gates Frontier
Bill Gates' VC fund, Microsoft Corp.'s investment arm and Saudi Arabia's Aramco Ventures are investing $110 million in Neurophos Inc. …
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 …
Blackstone partners with Humain to invest about $3B in building and operating data centers and AI infrastructure across Saudi Arabia, set to open in 2026
Private equity giant Blackstone Inc. is partnering with Saudi Arabia's new artificial intelligence company, Humain …
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: Saudi Arabia's PIF is the largest contributor to the $36B in equity to finance the EA deal; the PIF will roll over its $5B EA stake into the new entity
Bloomberg :
EA agrees to be acquired by Saudi Arabia's PIF, Silver Lake, and Affinity for $210 per share, taking it private at a ~$55B valuation, set to close in Q1 FY 2027
Accelerates EA's Strategic Vision to Advance the Future of Entertainment — Stockholders to Receive $210 Per Share …
Sources: EA is in talks to go private in a deal valuing it at ~$50B; investors include Jared Kushner's PE firm and Saudi Arabia's PIF; EA closes up 14.87%
Investors including Silver Lake eyeing deal that would likely be the largest leveraged buyout ever
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 …
Humain, Saudi Arabia's new state-owned AI company, says it is seeking investment from US tech companies and investors, and plans to launch a $10B VC fund
PIF-backed Humain courts US tech investors and plans $10bn venture fund — Andrew England and Ahmed Al Omran in Riyadh
Nvidia's deals with Saudi Arabia's Humain and the UAE's G42 highlight its strategy to diversify beyond Big Tech customers by partnering with nation states
Chipmaker establishes ties with nation states and ‘neoclouds’ in effort to reduce reliance on Microsoft, Amazon and Google