Saudis To Bet Forty Billion On AI, Nvidia’s Nerd Woodstock, State Of Unreal

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Charlie Fink is a consultant, columnist, author, and adjunct, covering AI, XR, and the Metaverse for Forbes. He is the author of the critically acclaimed AR-enabled books Charlie Fink’s Metaverse (2017), and Convergence, How The World Will Be Painted With Data (2019).

back after a five year break for the pandemic and right sized for the world’s third most valuable company. A few dozen miles up the road in San Franciso, the annual Game Developers Conference drew developers and executives from across the gaming world to celebrate a business that now dwarfs television, streaming services and movies, even though the industry is still reeling from the post-pandemic slow down.

That enormous sum dwarfs even the largest U.S. funds, and would be second globally only to Japan's SoftBank. This move highlights the global rush towards AI and the country's ambition to diversify its economy. Saudi Arabia's Public Investment Fund is in talks with top Silicon Valley firms, including Andreessen Horowitz, about potential partnerships.

Industry experts see this as a sign that Apple's own generative AI development may be lagging behind competitors. However, the potential deal also indicates Apple's preference for partnering with established tech giants like Google and OpenAI, rather than relying on newer startups.Landing Party, Table Trenches

 

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Together AI Raises $106M, Adaptive AI $20 Million, Tavus Dev Platform Raises $18MCharlie Fink is a consultant, columnist, author, and adjunct, covering AI, XR, and the Metaverse for Forbes. He is the author of the critically acclaimed AR-enabled books Charlie Fink’s Metaverse (2017), and Convergence, How The World Will Be Painted With Data (2019).
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