Software selloff deepens as AI worries rattle markets
The rout was fueled by fears that even market heavyweights like Microsoft, Nvidia, and Oracle could be vulnerable
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The rout was fueled by fears that even market heavyweights like Microsoft, Nvidia, and Oracle could be vulnerable
Big Tech has pushed over USD 120 bn of AI data-center debt off its balance sheets via SPVs
Investors are rotating toward China, where cheaper valuations and power advantages offer a hedge against the US AI boom’s funding…
The awarded contract is valued at about SAR 1.9 bn
The firm has uptaken a 225k sqm in Dammam to develop up to 200 mw of AI-ready data center capacity
The funds will be utilized to accelerate Cognna’s global expansion
PLUS: Paramount’s Ellison reportedly sought Saudi backing for Warner Bros. bid
Humain could go public via a dual listing on Tadawul and Nasdaq
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