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Private Equity

HUMAIN readies large venture fund to widen Saudi Arabia’s AI bet


Saudi PIF-owned HUMAIN CEO Tareq Amin said in an interview published Wednesday the firm will launch a large venture capital fund that could top a planned $10 billion vehicle. This fundraising push aims to position the kingdom as a global hub and could boost crypto and DeFi investment, venture funding and regional adoption, with positive implications for token launches and market growth.

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