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Red Sea Global and Bunat Ventures Launch Saudi AI Fund
Why It Matters
This collaboration represents a significant strategic investment in emerging technologies by a major Saudi developer, supporting the Kingdom's economic diversification goals and its ambition to foster AI innovation.
Key Points
- ●Red Sea Global (RSG) is launching a new Artificial Intelligence (AI) fund.
- ●The fund is established in partnership with Bunat Ventures.
- ●This initiative is set to drive investment and development in the AI sector within Saudi Arabia.
Details
Importance
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