Saudi Aramco’s venture capital arm allocates $100m to invest in AI start-ups

Saudi Aramco's venture capital arm Waed Ventures has earmarked $100 million to invest in early-stage artificial intelligence start-ups as Saudi Arabia seeks to diversify its economy and shift to growing non-oil sectors.

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https://www.thenationalnews.com/future/technology/2024/10/27/saudi-aramcos-venture-capital-arm-allocates-100m-to-invest-in-ai-start-ups/