NEW YORK: Saudi Arabia’s government plans to create a fund of about US$40 billion (RM189.3 billion) to invest in artificial intelligence (AI), the New...
Figurines with computers and smartphones are seen in front of the words"Artificial Intelligence AI" in this illustration. – ReuterspicSaudi Arabia’s government plans to create a fund of about US$40 billion to invest in artificial intelligence , theRepresentatives of Saudi Arabia’s Public Investment Fund have discussed a potential partnership with US venture capital firm Andreessen Horowitz and other financiers in recent weeks, the newspaper reported.
PIF officials also discussed what role Andreessen Horowitz could play and how such a fund would work, the newspaper said, adding the plans could still change.
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