SAUDI ARABIA PLANS $40 BILLION PUSH INTO ARTIFICIAL INTELLIGENCE

Summary from the TLDR newsletter

The government of Saudi Arabia plans to invest around $40 billion into artificial intelligence. It is in talks to create a tech fund through a partnership with Andreessen Horowitz and other financiers. The fund would make Saudi Arabia the world's largest investor in artificial intelligence. It will back an array of tech startups tied to artificial intelligence, including chip makers, data centers, and AI companies.