Sources: ByteDance is in talks to sell game studio Moonton, which it acquired for ~$4B in 2021, to Saudi Arabia-based Savvy Games; Moonton makes Mobile Legends
Bloomberg :
South Korea, the EU, the UK, Saudi Arabia, the UAE, and others aim to build “sovereign AI”; Gartner expects $1.5T in AI spending in 2025, up 50% from 2024
Jiyoung Sohn / Wall Street Journal :
Elon Musk says xAI plans to develop a 500 megawatt data center in Saudi Arabia with state-backed AI startup Humain; the data center will rely on Nvidia chips
Elon Musk said his xAI artificial intelligence startup plans to develop a 500 megawatt data center in Saudi Arabia …
Blackstone partners with Humain to invest about $3B in building and operating data centers and AI infrastructure across Saudi Arabia, set to open in 2026
Private equity giant Blackstone Inc. is partnering with Saudi Arabia's new artificial intelligence company, Humain …
How Saudi Arabia is pouring money into data centers and working with US and Chinese tech giants, landing its AI ambitions in the middle of a geopolitical tussle
www.nytimes.com/2025/10/27/t... Paul Mozur / @paulmozur : Instead of exporting oil, the kingdom wants to export computing power. The idea is coders in Europe, Africa, and Asia connect to Saudi data c...
HP plans to build millions of computers in Saudi Arabia by 2030, primarily for export to MENA, as part of the kingdom's plans to boost manufacturing and exports
Matthew Martin / Semafor :
Q&A with journalist Jacob Silverman on his new book Gilded Rage, the radical politics of certain tech elites, AI's impact on Silicon Valley politics, and more
www.theguardian.com/technology/ 2... Scott Horton / @robertscotthorton : “Because of the tremendous wealth of key figures in [the Kingdom of Saudi Arabia], major corporations have enabled, collaborate...
How Jared Kushner and Silver Lake co-CEO Egon Durban brokered the EA takeover using Kushner's deep Saudi Arabia ties; sources: Kushner's firm will own ~5% of EA
Trump's son-in-law used deep ties in Saudi Arabia to help pull off the largest buyout — Antoine Gara, James Fontanella-Khan …
Noon, an Amazon rival in the Middle East that has raised $2.7B since its 2016 launch and is now valued at “close to” $10B, is planning an IPO within two years
Saudi Arabia-backed group mulls dual listing as it pushes into autonomous delivery
Roblox restricts some features in the UAE and Saudi Arabia, including its in-game chat tool, and improves Arabic content moderation due to child safety concerns
Leen Al-Rashdan / Bloomberg : X: @tdrauae X: @tdrauae : 👦👧 Because our children's safety comes first... TDRA, in collaboration with Roblox, announces new changes to enhance protection on the Roblox p...