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784 Saudi Arabia launches $100B tech fund as Middle East bets big on post-oil innovation

Silicon Canals
James Brennan @ Silicon Canals · 02/27/2026 04:17 EDT

Saudi Arabia launches $100B tech fund as Middle East bets big on post-oil innovation

Saudi Arabia's $100 billion AI and technology fund, announced during Trump's Riyadh visit, represents the most aggressive financial commitment yet in the kingdom's post-oil transformation, with implications for global AI infrastructure competition and a generation of Gulf professionals whose careers depend on the outcome.

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