Why It Matters
This collaboration represents a significant strategic investment in emerging technologies by a major Saudi developer, supporting the Kingdom's economic diversification goals and its ambition to foster AI innovation.
Key Intelligence
- ■Red Sea Global (RSG) is launching a new Artificial Intelligence (AI) fund.
- ■The fund is established in partnership with Bunat Ventures.
- ■This initiative is set to drive investment and development in the AI sector within Saudi Arabia.