Wa’ed Ventures, the $500M venture arm of Saudi Aramco, made its first investment in South Korea by investing $15M in AI chipmaker Rebellions (Bloomberg)

Bloomberg:
Wa'ed Ventures, the $500M venture arm of Saudi Aramco, made its first investment in South Korea by investing $15M in AI chipmaker Rebellions  —  - Oil giant set up Wa'ed Ventures to invest in new tech firms  — Rebellions is working with Samsung to develop AI chips