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Posted by Redaktion
 - March 21, 2024, 02:44:46
Saudi Arabia Public Investment Fund is in talks with venture capitalists as the country diversifies away from oil. The PIF is a sovereign wealth fund managing nearly $1 trillion to drive growth in new sectors under the country's Vision 2030 master plan, which includes creating world-class AI leadership with $40 billion investment fund.

https://www.notebookcheck.net/Saudi-Arabia-Public-Investment-Fund-in-talks-with-venture-capitalists-to-create-40-billion-AI-investment-fund.815459.0.html