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… Many gamers have also been concerned about Saudi Arabia's Public Investment Fund, which is chaired by bin Salman, and its recent investments into the video game industry. …
… That caused some consternation because huge funds often invest in ETFs exchange traded funds based on those indexes. That in turn means that people could end up with SpaceX stock in their pension funds, for instance, whether they want it or not. …
… The discussions have led to a potential agreement that could see OpenAI voluntarily offer some equity to the US government, which would help the company achieve something similar to its proposed " Public Wealth Fund ." OpenAI first suggested this fund in an industrial policy outline published in Ap… …
… "Our focus remains on execution." OpenAI is one of the biggest companies in the AI space and is valued at $730 billion, according to its latest funding round . It could join a crowded stock market, as rivals SpaceX which now owns xAI and Anthropic have both taken steps to go public. …
… Anthropic, which just filed to go public , last week said it had raised $65 billion in its latest funding round. …
… Savvy Games, which is owned by Saudi Arabia's Public Investment Fund PIF , has been going in the opposite direction. …
… Climate Group told the publication that the Facebook and Instagram maker "is no longer able to meet the technical criteria due to investments made in new gas power." Meta, meanwhile, told TechCrunch that it was still committed to "100% clean and renewable energy" but that leaving RE100 was a "mutua… …
… EA revealed last year that it was being acquired by the Saudi Arabia Public Investment Fund PIF , Silver Lake and Affinity Partners in the largest leveraged buyout ever. …
… Platformer, which first reported on Meta's budget negotiations with the Oversight Board, noted that the company "has long encouraged the board to seek additional funding sources." So far, no other company has publicly shown interest in working with the group, though the board has had conversations … …
… The inaugural EWC was held in Riyadh in 2024 and organized by a non-profit arm of Saudi Arabia's Public Investment Fund, which oversees numerous groups investing heavily in sports, video games and entertainment interests worldwide. …