Prince Alwaleed bin Talal and his investment company Kingdom Holding’s investment into Elon Musk’s AI startup xAI is leading the conversation on Saudi in the foreign press this morning, with coverage from the New York Times | The Guardian | CNN. The series B round is also making the rounds — sans mention of Saudi — in Bloomberg | Reuters | Financial Times. We have chapter and verse in the newswell, above.
More from Enterprise
Public-sector enterprises led Saudi credit growth as consumer signals cooled
Banks’ government bond holdings rose too, while mortgage and import…
Quantic brings European institutional capital to Saudi Arabia’s SME financing market
Plans to connect European institutional investors with Saudi’s SME financing…
The CMA’s latest draft rules would make Tadawul’s worst-performers fix themselves in public
That mandate would currently hit 14 listed firms with seven…
Barq hits unicorn status with USD 329.5 mn Series A
The fintech player plans to use the funds to support…