Saudi Arabia’s $100 Billion AI Fund Will Divest China If US Asks

🌈 Abstract

The article discusses Saudi Arabia's $100 billion AI fund and its stance on investing in China.

📄 Section Summary

Saudi Arabia's $100 Billion AI Fund Will Divest China If US Asks

• The $100 billion Saudi investment fund says the US is its top partner.
• Alat, the investment firm backed by the $100 billion fund, will announce two US company partnerships by the end of June.
• The head of Alat said the country would divest from China if requested to do so by the US, as the current requests have been to keep manufacturing and supply chains completely separate from China.

💡 Key Insights

• Saudi Arabia's $100 billion AI fund views the US as its top partner.
• The fund is planning to announce partnerships with two US companies by the end of June.
• The fund is willing to divest from China if the US requests it to do so, as the current focus is on keeping manufacturing and supply chains separate from China.