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Published 3 months ago

Saudi Arabia plans $40 bln push into artificial intelligence, NYT reports

  • Representatives of Saudi Arabia's Public Investment Fund have discussed a potential partnership with US venture capital firm Andreessen Horowitz, as reported by the newspaper.
  • Andreessen Horowitz and PIF governor Yasir Al-Rumayyan have explored the possibility of the US firm establishing an office in Riyadh, according to the report.
  • The discussions have taken place in recent weeks, indicating an ongoing interest between the parties in forming a strategic collaboration.
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