Saudi Startup Riyadh

Roberto Mancini walks away from Saudi Arabia after 14 months as coach

Italian leaves by ‘joint agreement’ after seven wins in 18 matches Saudis sit outside automatic 2026 World Cup qualification spots Roberto Mancini has left his role as head coach of Saudi ...

World - The Guardian - 6 days ago

Roberto Mancini departs Saudi Arabia job richer but with team no better off | John Duerden

Former Italy coach upset players and attracted fans’ ire; he now leaves a team struggling for World Cup qualification. Just before full time in Saudi Arabia’s 0-0 draw with Bahrain in a vital 2026 ...

World - The Guardian - 4 days ago

Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash

Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom's Future Investment Initiative.

Business - CNBC - 2 days ago

Saudi Arabia’s World Cup bid gathers pace – but at what cost to human life? | Nick Ames

After the horrors in Qatar we are somehow heading for an even bigger scale of tragedy for migrant workers in the run-up to Saudi Arabia 2034. On 13 December, two years will have passed since John ...

World - The Guardian - 2 days ago

Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform

At least 50% of the capital will be allocated to investments in the kingdom and to expanding international companies' presence in the local market.

Business - CNBC - 13 hours ago

New York Times to Bezos-Backed AI Startup: Stop Using Our Stuff

Publisher demands that Perplexity stop accessing its content. Startup isn’t interested “in being anyone’s antagonist,” CEO says.

Tech - The Wall Street Journal - October 15

Amazon is using tech from a Khosla Ventures-backed startup to run robot warehouses at Whole Foods

Fulfil's technology will enable shoppers to purchase items that are not stocked at Whole Foods, such as Coca-Cola soda and Kellogg's cereals.

Business - CNBC - October 15

Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz

Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.

Business - CNBC - October 16

This Startup is Investing $1 Billion to Build Lighter Lithium Sulfur Batteries in Nevada Gigafactory

Battery breakthroughs can change whole industries. Lyten has plans for a giant factory that could change how we power space tech, drones, and small EVs.

Business - Inc. - October 16

AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion

The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.

Tech - The Wall Street Journal - October 20

More startups are being spun out of Klarna than any other European fintech unicorn

Alumni from Klarna have gone on to create 62 new startups — more than any other fintech unicorn in Europe, according to a new report from VC firm Accel.

Business - CNBC - October 22

AI video startup Genmo launches Mochi 1, an open source rival to Runway, Kling, and others

Available under the permissive Apache 2.0 license, Mochi 1 offers users free access to cutting-edge video generation capabilities...

Tech - VentureBeat - October 22

Lilium was once a promising 'air taxi' startup worth billions. Now it's on the brink of insolvency

German aerospace startup Lilium faces insolvency if it doesn't raise emergency funding from the state government for the southeastern state of Bavaria.

Business - CNBC - October 23

Boba tea startup rejected by 'Shark Tank' pitches Simu Liu after cultural appropriation debate

Simu Liu had criticized a white boba tea company who claimed to had “transformed” the drink on an episode of Canada’s “Dragons’ Den." An Asian boba startup decided to shoot their shot.

Huuuge social casino veteran unveils AI-focused Beyond startup and Decor Society

Huuuge founder Anton Gauffin has started Beyond, which is building a fashion game called Decor Society tapping generative AI.

Tech - VentureBeat - 6 days ago

A Brilliant Tech Entrepreneur Gave Up on His Awesome Startup , and I Don’t Blame Him

Some of our best entrepreneurial minds are leaving the startup game for the corporate world. Here’s why.

Business - Inc. - 5 days ago

Here’s How a Startup Landed $10 Million to Put AI Data Centers in Space

The massive banks of computers needed to power artificial intelligence apps require huge amounts of electricity on Earth. Lumen Orbit wants to send them into the heavens instead.