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saudi fund sam altman startup: US compels Saudi fund to exit Altman-backed AI chip startup Rain Neuromorphics: report

The Joe Biden administration has forced a Saudi Aramco-backed venture capital firm to sell its shares in a Silicon Valley AI chip startup backed by OpenAI cofounder Sam Altman, reported Bloomberg News on Thursday. Altman-backed Rain Neuromorphics, a startup designing chips that mimic the way the brain works and aims to serve companies using artificial

Saudi works to boost oil demand

RIYADH: Saudi Arabia is working “to artificially stimulate oil demand” even as it publicly backs a transition away from fossil fuels, a report said ahead of COP28 climate talks in Dubai. The report, published on Monday by the Centre for Climate Reporting and Britain’s Channel 4 News, focuses on the Gulf kingdom’s Oil Sustainability Program

Why is Saudi Arabia buying 10% of Heathrow airport in the UK?

Saudi Arabia’s Public Investment Fund is set to acquire a 10% stake in London’s Heathrow airport from Spanish firm Ferrovial as part of a major shareholder reshuffle. ADVERTISEMENT Saudi Arabia’s Public Investment Fund (PIF) has entered into an agreement to purchase a 10% stake in London’s Heathrow airport, marking a significant shift in the airport’s

Saudi Arabia’s capital Riyadh chosen to host the 2030 World Expo

ISSY-LES-MOULINEAUX, France (AP) — Saudi Arabia’s capital Riyadh was chosen Tuesday to host the 2030 World Expo following its bid that focused on shaping a prosperous and sustainable future, beating out Rome and the South Korean port city of Busan for an event expected to draw millions of visitors. Members of the Paris-based Bureau International

Tiger Woods sounds more optimistic about his game than a Saudi deal getting done on time

Tiger Woods sounded more optimistic about playing golf next year than he did about the PGA Tour finalizing a deal with Saudi Arabia or private investors by the end of the year. Woods addressed reporters Tuesday for the first time in nearly eight months, and so much has happened since then — fusion surgery on

China welcomes diplomats from Saudi Arabia, Egypt, Jordan, Palestinian Authority to discuss Israel-Hamas war

China is flexing its diplomatic muscle with a major meeting in Beijing on Monday, welcoming foreign ministers from the Middle East in an attempt to exert its influence over the Israel-Hamas war. Its top diplomat hosted ministers from Saudi Arabia, Egypt, Jordan, the Palestinian Authority and Indonesia, saying his country would work with “our brothers

Fury and Usyk to fight on Feb 17 in Saudi Arabia to unify all 4 major heavyweight boxing titles

The fight between Tyson Fury and Oleksandr Usyk to unify all of the major heavyweight boxing titles will take place in Saudi Arabia’s capital, Riyadh, on Feb 17, promoters announced Thursday. The last fight to crown an undisputed heavyweight champion was in 1999, when Lennox Lewis beat Evander Holyfield to win three major titles —

Saudi Pro League: Meet the managers who have made the move

It’s not just big name players who are moving to the Pro League. The Saudi Pro League continues to snowball after spending over €800 million in the transfer window. ADVERTISEMENT So far this year, we’ve seen Karim Benzema, Neymar, Sadio Mane and N’Golo Kante, amongst others, make the move to the Middle East. However, it’s

Saudi Aramco Q3 profits down 23%

RIYADH: Energy giant Saudi Aramco on Tuesday posted a 23-percent year-on-year drop in profits for the third quarter (Q3), the result of lower oil prices and production cuts. The drop from $42.43 billion last year to $32.58 billion “principally reflects the impact of lower crude oil prices and volumes sold,” the firm said in a

urban company: ET Soonicorns Summit: Urban Company plans Saudi Arabia entry via joint venture

Home services platform Urban Company soon plans to enter Saudi Arabia through a joint-venture, the company’s cofounder and chief executive Abhiraj Singh Bhal said on Friday. He was speaking at the ET Soonicorns Summit in New Delhi. Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website Indian School of Business ISB Product

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Tag: Saudi

saudi fund sam altman startup: US compels Saudi fund to exit Altman-backed AI chip startup Rain Neuromorphics: report

Saudi works to boost oil demand

Why is Saudi Arabia buying 10% of Heathrow airport in the UK?

Saudi Arabia’s capital Riyadh chosen to host the 2030 World Expo

Tiger Woods sounds more optimistic about his game than a Saudi deal getting done on time

China welcomes diplomats from Saudi Arabia, Egypt, Jordan, Palestinian Authority to discuss Israel-Hamas war

Fury and Usyk to fight on Feb 17 in Saudi Arabia to unify all 4 major heavyweight boxing titles

Saudi Pro League: Meet the managers who have made the move

Saudi Aramco Q3 profits down 23%

urban company: ET Soonicorns Summit: Urban Company plans Saudi Arabia entry via joint venture