Saudi Arabia's $100 billion AI and semi-chip fund says it will divest from China if the US asks
Abdullah Al-Eisa/ Getty Images
- Saudi AI firm Alat would divest from China if the US requests it, CEO Amit Midha told Bloomberg.
- Saudi Arabia has been pouring billions into AI and semiconductor initiatives in an attempt to become a major hub.
- Concerns have grown that Middle Eastern ties offered China a way to access advanced technologies.
A new state-backed Saudi Arabian fund centered on semiconductor and AI technology has guaranteed that it would divest from China if Washington requests it.
Заголовки