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Tag: Arabia039s
Lenovo plans to raise $2B by issuing convertible bonds to Alat, a subsidiary of Saudi Arabia's PIF, which would convert to ~12.1% of the company's issued shares (P.R. Venkat/Wall Street Journal)
P.R. Venkat / Wall Street Journal: Lenovo plans to raise $2B by issuing convertible bonds…
Sources: Saudi Arabia's Public Investment Fund discussed a potential partnership with a16z and others to create a fund of about $40B to invest in AI in H2 2024 (New York Times)
New York Times: Sources: Saudi Arabia's Public Investment Fund discussed a potential partnership with a16z…
