Abu Dhabi AI firm MGX lands stake in US chipmaker Altera
Altera makes semiconductors that can be reprogrammed after they leave the factory, making them useful in robots, cloud servers, and telecom hardware.
Altera makes semiconductors that can be reprogrammed after they leave the factory, making them useful in robots, cloud servers, and telecom hardware.
Pension fund Hassana has been taking an increasingly prominent role backing global fund managers that commit to investing in Saudi Arabia.
The measures must be approved by member countries in order to pass.
Merger talks, which would have created a $1 trillion asset manager, fizzled this summer as Carlyle shares continued sharp rise.
At a packed exhibition hall this week, more than 1,000 investors and executives from mostly US and Chinese firms mingled with local startups.
The event will feature some of the biggest names who have spoken out against the genocide in Gaza, including Benedict Cumberbatch, Bastille, Florence Pugh, and Riz Ahmed.
Africa has fallen behind wealthier regions in the global rush to build the digital infrastructure required for AI.
The exports mark the expansion of Africa’s largest oil refinery’s operation beyond just the local supply of refined products in Nigeria.
The move comes as the government seeks to push trade growth and tame inflation.