Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup that’s taking on OpenAI. One country that’s being left out: Saudi Arabia. As bankers line up a group of potential new Anthropic backers, the company has ruled out taking money from the Saudis, according to … Read more
JEDDAH, Saudi Arabia — Secretary of State Antony Blinken on Wednesday began his sixth trip to the Middle East since the eruption of conflict between Israel and Hamas, his latest bid to compel Israel to ease its assault on the battered territory and identify a post-conflict plan that could lead to a Palestinian state. State … Read more
PIF Managing Director Yasir bin Othman Al-Rumayyan attends the Russian-Saudi Investment Forum held at the Ritz-Carlton Moscow Hotel. Sergei Bobylev | TASS via Getty Images DUBAI, United Arab Emirates — Saudi Arabia’s sovereign wealth fund is in talks with American venture capital firm Andreessen Horowitz and potentially others to create a $40 billion fund to … Read more
Boeing 787 Dreamliner Saudi Arabian. Aircraft to Fiumicino Leonardo da Vinci Airport. Fiumicino (Italia), Nov. 11, 2021 Massimo Insabato/Archivio Massimo Insabato/Mondadori Portfolio via Getty Images Saudi Arabia’s behemoth sovereign wealth fund is in talks to buy the kingdom’s national airline Saudia, Bloomberg reported over the weekend, citing people familiar with the matter. The reported move … Read more
DUBAI, United Arab Emirates — Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices. The results still marked the company’s second highest ever result, Aramco said, as members of the OPEC+ alliance continue to cut their production to try … Read more
Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 Building at Stampede Park, on September 18, 2023, in Calgary, Canada. Artur Widak | Nurphoto | Getty Images Saudi Arabia’s state oil giant Aramco reported … Read more
TL;DR: Watch the 2024 Saudi Arabian Grand Prix for free on ORF, ServusTV, RTBF, or RTL ZWEE. Access these free streaming platforms from anywhere in the world with ExpressVPN. Fans of F1 are desperate for some genuine competition for Max Verstappen, but after the Bahrain GP, we’re not convinced that anyone can match the pace … Read more
Mercedes junior driver Doriane Pin saw off the challenge of Britain’s Abbi Pulling to claim victory in the opening F1 Academy race of the 2024 season in Saudi Arabia. Having dominated qualifying to secure pole for both races at the opening round of the all-female series, Prema driver Pin led the 12-lap contest from start … Read more
Fernando Alonso put Aston Martin on top of the timesheets for the first time in the new 2024 Formula 1 season as the Spaniard and Mercedes’ George Russell both outpaced Max Verstappen in Practice Two for the Saudi Arabian GP. Alonso, who finished only ninth at last week’s season-opening race in Bahrain, had already impressed … Read more
Max Verstappen maintained Red Bull’s strong start to the 2024 Formula 1 season by topping Aston Martin’s Fernando Alonso in first practice at the Saudi Arabian Grand Prix. Verstappen, who began his quest for a fourth successive drivers’ title with a dominant victory in Bahrain last week, finished almost 0.2s clear of Alonso at the … Read more