Saudi Arabia's $100bn AI fund, Alat, may divest from China at US request, per CEO Amit Midha.
Saudi Arabia's $100bn AI fund, Alat, will divest from China if the US requests it, according to Amit Midha, the CEO of Alat. US officials have reportedly told Saudi Arabian counterparts to choose between Chinese and American technology as they develop their semiconductor industry. Midha said the country would seek trusted, secure partnerships in the US.
May 08, 2024
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