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Aramco Ventures investing in AI Startups to grow millions of AI Jobs by 2025
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Saudi Arabia’s top Wa’ed Ventures, Saudi Aramco, and Nama Ventures have recently revealed that by 2025, their investments will focus on AI Startups, AI hubs, and artificial intelligence, of which they will invest approximately $10B under Saudi Vision 2030. So now as per some recent reports, Aramco-backed Wa’ed Ventures have invested around $100M+ in AI startups in Saudi Arabia. Recently it has been told that now Saudi Arabia’s Aramco and the Saudi Government are working on many projects to move towards their Vision2030 so that it can help Saudi Arabia in becoming an oil-free economy in the future. Saudi Aramco Ventures is the highest-valued corporate venture capital fund that invests in AI startups, AI firms, and AI innovation ideas to be strategically relevant to the world’s top leading integration in energy and chemicals. Saudi Aramco Ventures Fund to boost Saudi AI Stocks, AI jobs, AI Companies, and Cheap AI Stocks in the Middle East. The Nama Vectures and Wa’ed Ventures jointly invested $500M USD in Aramco’s AI companies to attract global AI Stocks and increase the innovation of AI technologies. Saudi Aramco also investing in top American AI payment solution platforms including PayPal, Adyen, SumUp, and Stripe to boost decentralized payment solution in between Inter-states and International banks. Aramco planning to make deep ties with the fintech payments industry to work on modern and virtual technologies like AI, Crypto, Pass-Through or Staged Wallet, , P2P, Decentralized and blockchain.
Top 10 Saudi Venture Capital firms of 2025 that invest in AI Startups in the US, Europe, and the Middle East.
The Venture Capital fund of $500M+ is fully owned by Saudi Aramco and will focus on the early-stage investment to help position Saudi Arabia’s Global AI hub to requite millions of AI Creators, Companies, and Firms. Venture Firms of Saudi Arabia, appointed by the Venture Fund of $10B+ USD, consist of global leaders from Meta, MIT, Oxford, Amazon, NVIDIA, Microsoft, and BlackRock Startups. Saudi Arabia to cut millions of human-based Jobs in 2030 to adopt AI Startups, AI Hub, and AI companies.
Top US and EU Companies will join Saudi Arabia’s Financial Host Summit at the end of year 2024.
Saudi Arabia, UAE and Qatar exploring the global AI vision to invest develop cities, Capital Income, Natural Resources, and Economy boost to become a new AI Hub by 2030. Saudi Arabia’s government approves multiple financial or AI Startup deals to increase the global value of the Kingdom and attract multiple top companies to move into Saudi Arabia. Aramco offers thousands of jobs to all AI creators, AI Developers, and AI companies to hand over billions of USD worth of companies and firms in the Middle East. Saudi Arabia needs to improve its quality of life, business cities, and AI generation, as well as drive economic growth and technology innovations to create more opportunities for global digitalization.
Top 3 AI startup companies or firms in Saudi Arabia
Saudi Arabia’s top PIF (Public Investment Fund) has launched its own dedicated AI fund called SCAI to talk and create multi- multi-billion market of AI firms. Saudi Arabia has Intelmatix, Lucidya, and SCAI (Saudi Company for Artificial Intelligence) to boost the AI strategy of the Saudi Arabian Economy. Saudi Arabian companies hiring most of the top MIT or Oxford graduates, AI-powered CXM platform, and Sparklabs AI startups. Saudi Arabia requires AI programmers for its oil & gas industry, Energy Industry, Shell, equinox, Car Manufacturing, and additional AI-backed Machine learning companies to make it easy and secure for Saudi’s Investment and Financial transactions. Saudi Investing in AI Startups to boost future, Innovations and Help Saudi to become a leader in Technology.