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Saudi Arabia’s gain from AI will likely exceed other countries in the Middle East with around $135 billion in value by 2030
Wa’ed Ventures, the $500 million venture capital fund wholly owned by Aramco, recently announced that it is allocating $100 million for early-stage AI investments, a move that seeks to support Saudi Arabia’s position as a global AI hub.
To support strategic deal sourcing and accelerate localization for global startups, Wa’ed Ventures appointed an advisory board consisting of global leaders in AI. The board members come from diverse backgrounds within the AI…
