Saturday, March 30, 2019

Saudi's Kingdom Holding to invest Careem proceeds in Europe, Saudi: CEO

Saudi Arabian investment firm Kingdom Holding will put the proceeds from the sale of its stake in ride-hailing startup Careem toward $600 million in investments in the kingdom and Europe, its chief executive told Reuters on Friday.


from Reuters: Technology News https://ift.tt/2HWyX6e

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...