Saudi Arabia Announces $40 Billion A.I. Investment Fund

Saudi Arabia plans to establish a $40 billion fund for investing in artificial intelligence (A.I.), signaling its commitment to leveraging A.I. technology for economic diversification and global business expansion. Discussions with tech investment leaders like Andreessen Horowitz highlight the nation’s ambition to become a major player in the A.I. market. With a sovereign wealth fund exceeding $900 billion, Saudi Arabia aims to assert its influence in global geopolitics and embrace technological innovation.