AI chip startup Groq discusses $6 billion valuation: ReportIn August last year, Groq raised $640 million in a Series D funding round led by Cisco Investments, Samsung Catalyst Fund and BlackRock Pri...
10 Jul, 2025, 12.21 PM IST
Groq eyes $6 billion valuation after $1.5 billion Saudi AI chip dealGroq, a US-based AI chip maker, plans to secure funding. The company aims to raise between $300 million and $500 million. This funding supp...
10 Jul, 2025, 05.05 AM IST
Elon Musk flaunts Tesla Optimus Robots to Trump and MBS in high-stakes Saudi visitDuring his first international trip, President Trump secured a $600 billion investment commitment from Saudi Arabia. He met with Crown Prin...
14 May, 2025, 02.05 PM IST
Trump secures $600 billion in investment commitment from Saudi Arabia; deal includes defence tech, aerospace pactsDuring his first state visit to Saudi Arabia as U.S. President, Donald Trump secured a $600 billion investment commitment from the Kingdom,...
14 May, 2025, 02.04 PM IST
Elon Musk, Sam Altman and other CEOs join Trump at US-Saudi lunchTop US business leaders joined President Trump and Saudi officials for a high-profile lunch in Riyadh to discuss trade, investment, and AI....
14 May, 2025, 12.20 AM IST
These business leaders have accompanied US President Donald Trump on a trip to Saudi Arabia. Here’s the listUS President Donald Trump received a formal welcome in Saudi Arabia. His arrival featured a display of Saudi tradition, a meeting with key ...
13 May, 2025, 10.05 PM IST
Elon Musk invited to Saudi-US investment forum in Riyadh, planning note saysElon Musk has been invited to a high-profile Saudi-US investment forum in Riyadh during President Trump’s Middle East visit. The event incl...
12 May, 2025, 07.07 PM IST
Saudi Arabia unveils currency symbol to promote financial statusThe design, made up of Arabic calligraphy of the word riyal, will be implemented gradually for use in financial and commercial transactions...
21 Feb, 2025, 06.01 AM IST
Morgan Stanley joins US peers putting Middle East HQ in RiyadhUnder new rules that came into force this year, firms must have a regional base in Saudi Arabia with at least 15 employees, including execu...
25 Nov, 2024, 12.06 AM IST
Saudi wealth fund, BlackRock to jointly explore Mideast infrastructure projectsSaudi Arabia's sovereign wealth fund and BlackRock have signed an agreement to jointly explore infrastructure projects in the Middle East, ...
14 Nov, 2022, 02.58 PM IST
Saudi Aramco, BlackRock sign $15.5bn gas pipeline dealThe deal signed on Monday underscores how Aramco -- the kingdom's cash cow -- is seeking to monetise its once-untouchable assets to generat...
07 Dec, 2021, 11.41 AM IST
Saudi Arabia's race to attract investment dogged by scepticismUltimatums, combined with abrupt changes in trade deals and taxation regimes, are perceived as another sign of the kingdom's unpredictable ...
16 Nov, 2021, 10.04 AM IST
Saudi Arabia launches national infrastructure fund with BlackRockNational Infrastructure Fund will invest in areas such as water, transportation, energy, and health, contributing to Saudi Arabia's plans t...
25 Oct, 2021, 02.17 PM IST
A $12.5 billion deal shows Saudi oil still eclipses all elseLast week’s sale of the stake to EIG Global Energy Partners LLC shows how reliant Saudi Arabia is on its traditional mainstay and the chall...
14 Apr, 2021, 03.19 PM IST
Saudi Aramco prepares $10 bln loan for pipeline business buyers - sourcesInternational investors including BlackRock, KKR and Brookfield Asset Management, which could invest in the pipeline business, are also in ...
10 Feb, 2021, 03.02 PM IST
Saudi Arabia hosts 'Davos in Desert' amid pandemicAround 150 speakers will participate in the fourth edition of the Future Investment Initiative (FII), organisers said, seeking to showcase ...
27 Jan, 2021, 11.34 AM IST
- Oil prices drop from record heights
Oil crude futures slumped further on Tuesday from record highs of almost 140 dollars a barrel, reached a day earlier as the market reacted ...
17 Jun, 2008, 05.28 PM IST