Saudi Arabia Launches $40 Billion Fund to Become World's Top Investor in Artificial Intelligence
• Saudi Arabia plans to create a $40 billion fund to invest in artificial intelligence technology
• The fund would make Saudi Arabia the world's largest investor in AI
• The fund is part of Saudi Arabia's efforts to diversify its economy and establish itself as an influential global player
• Saudi Arabia has discussed a potential partnership with top VC firm Andreessen Horowitz to manage the fund
• The $40 billion target would be the largest ever for a tech investment fund, dwarfing amounts raised by US VC firms