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39 Saudi Arabia launches $100 billion tech fund to accelerate post-oil economy

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Christian Kelly @ Silicon Canals · today 18:35 EDT

Saudi Arabia launches $100 billion tech fund to accelerate post-oil economy

Saudi Arabia has announced a $100 billion technology investment fund targeting AI infrastructure, semiconductors, and advanced computing, marking its most aggressive move yet to build a post-oil economy while it still has the hydrocarbon revenues to fund the transition.

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