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Will Wa’ed Ventures partner with a major AI company by end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Wa’ed Ventures or major news outlets
Story
Saudi Aramco's Wa’ed Ventures Allocates $100 Million for AI Investments, Taps Ex-Meta and Amazon Talent
Oct 27, 2024, 07:41 AM
Saudi Aramco's venture arm, Wa’ed Ventures, has allocated $100 million for investments in artificial intelligence (AI), as the kingdom seeks to become a regional tech powerhouse. Wa’ed has appointed former employees from Meta and Amazon to explore potential deals. The venture firm has already invested millions in AI startups this year, reflecting Saudi Arabia's commitment to advance its technological capabilities and diversify its economy beyond oil.
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Achieves unicorn status • 25%
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Launches a breakthrough AI product • 25%
Other milestone • 25%
Middle East • 25%
North America • 25%
Europe • 25%
Asia • 25%
AI in Healthcare • 25%
AI in Finance • 25%
AI in Energy • 25%
Other • 25%
Yes • 50%
No • 50%
Machine Learning • 25%
Natural Language Processing • 25%
Computer Vision • 25%
Other • 25%
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Natural Language Processing • 25%
Computer Vision • 25%
Robotics • 25%
