Day: May 15, 2025

BlackRock Saudi Arabia and PIF today signed a non-binding letter of intent at the Saudi-U.S. Investment Forum to formalize their strategic collaboration through potential new allocations to the BlackRock Riyadh Investment Management (BRIM) platform. Established in April 2024 with an initial investment mandate from PIF, BRIM is now operational and actively managed by BlackRock’s Riyadh-based

Qualcomm Technologies, Inc.,a technology leader enabling connected intelligent computing, and HUMAIN,a national artificial intelligence (AI) champion advancing Saudi Arabia’s goals for AI, today signed a Memorandum of Understanding (MOU) with the intent to enter a strategic collaborationfor the development of next-generation AI data centers, infrastructure and cloud-to-edgeservices to meet the rapidly growing demand for AI