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AI lab receiving one of the largest venture rounds in H1 2026.
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OpenAI hires another SpaceX executive to lead sales
OpenAI hired Ismail Elmas as VP for EMEA sales, its second senior recruit from teams tied to SpaceX's Cursor acquisition, signaling a push to build enterprise sales capacity across Europe, the Middle East and Africa.
Anthropic Nears Potential USD 2T+ Valuation as Gulf Funds Join AI Investment Race
Anthropic is preparing for a potential IPO that could value the company at over USD 2 trillion after rapid revenue growth, heavy infrastructure spending and substantial Gulf-backed private financing.
Exclusive: Saudi AI firm HUMAIN to launch giant global VC fund this year
Saudi state-backed AI firm HUMAIN, chaired by Crown Prince Mohammed bin Salman and led by CEO Tareq Amin, plans to launch a very large global VC fund this year to accelerate frontier AI investments and tie them to compute commitments in Saudi data centers. HUMAIN has made a high-profile $3 billion investment in Elon Musk’s xAI and is expanding data center capacity and security amid regional tensions.
$15bln technology investments, partnerships announced as LEAP opens in Saudi Arabia
LEAP 2026 opened in Saudi Arabia with more than $15 billion in announced technology investments and strategic commitments focused on AI, cloud infrastructure and autonomous systems, led by deals involving HUMAIN, AWS, xAI, AMD and others.