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AI

AI coverage on Europa Now: models, rules and what European teams actually do with both.

Saudi Arabia commits $100 billion to AI infrastructure in bid to diversify beyond oil

AI

Saudi Arabia bets $100 billion on becoming a global AI computing powerhouse

The Kingdom has launched HUMAIN, a new venture backed by $100 billion in capital, to build data centers and Arabic-language AI models as part of its strategy to reduce economic dependence on oil revenues.
The quiet signals of genuine wealth have nothing to do with watches, cars, or addresses

AI

OpenAI's $40 Billion Windfall: The AI Industry Enters Its Most Expensive Era

OpenAI has secured $40 billion in funding at a $300 billion valuation, marking the largest private capital raise ever and signalling an unprecedented escalation in the resources required to compete at the frontier of artificial intelligence.