Wa'ed Ventures, the $500M venture arm of Saudi Aramco, made its first investment in South Korea by investing $15M in AI chipmaker Rebellions (Bloomberg)
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Bloomberg:
Wa’ed Ventures, the $500M venture arm of Saudi Aramco, made its first investment in South Korea by investing $15M in AI chipmaker Rebellions — – Oil giant set up Wa’ed Ventures to invest in new tech firms — Rebellions is working with Samsung to develop AI chips
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