The global competition for AI supremacy intensifies as companies consider relocating and countries offer incentives to attract AI talent.
Saudi Arabia News
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If the $40 billion fund goes ahead, it would make Saudi Arabia the largest investor in the AI space.
6980The Saudi government’s Cultural Universe metaverse initiative takes a user through the long history of Saudi Arabia dating back to 1727.
20950LandVault CEO Samuel Huber explained that the “era of hype” back in 2021 was just a prototype of what the metaverse truly is.
2095Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets.
3430They have signed a memorandum of understanding on digital asset investment and semiconductor production.
15934Saudi Arabia’s forthcoming regional development project, NEOM, has partnered with Animoca Brands to push Web3 in the region and a potential $50 million investment deal.
4212Testimony from the former Alameda Research CEO continued on the sixth day of Sam Bankman-Fried’s criminal trial, delving into potential investments prior to FTX’s bankruptcy.
9336A university in Saudi Arabia has collaborated with two Chinese universities to create an Arabic-focused AI system called AceGPT.
3515The kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3.
9420The Saudi Central Bank warned in 2019 that Bitcoin is “not recognized by legal entities” but hasn’t made many statements on crypto since.
12225In a partnership ceremony at the Leap 2023 conference in Saudi Arabia, The Sandbox entered into an MOU with the government of Saudi Arabia for future metaverse development.
18791Saudi Arabia’s central bank stressed that no decision has been made to launch a CBDC, but it will continue to research use cases.
11033The price of soccer fan tokens, designed for fan engagement, is seemingly impacted by the on-field performance of teams.
6777In an interview with Cointelegraph, the hereditary prince nuanced his views on Bitcoin adoption in the Middle East and shed light on Bitcoin in Serbia.
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