Capital
Saudi money takes the lead on an $800M AI infrastructure deal
Together AI closed an $800M Series C at $8.3B valuation, led by Aramco Ventures. The deal cements the GCC-US AI infrastructure capital corridor.
Chandni Melwani · Saudi Arabia
2 STORIES
Capital, compute & policy across the US–Canada–Gulf axis
Capital
Abu Dhabi's MGX closed Fund I at $49 billion, exceeding its $45B target. The fund holds positions in OpenAI, Anthropic, and xAI, targeting $100B AUM.
Chandni Melwani
UAE
Capital
Together AI closed an $800M Series C at $8.3B valuation, led by Aramco Ventures. The deal cements the GCC-US AI infrastructure capital corridor.
Chandni Melwani · Saudi Arabia
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