
PIF-Backed Humain Launches Sports AI Division, Acquiring London's ai.io
Saudi Arabia's PIF-backed AI startup, Humain, has launched Humain Sport after acquiring ai.io, signaling a major strategic shift towards AI in sports and technology.
Found 4 results for "Capital Expenditure"

Saudi Arabia's PIF-backed AI startup, Humain, has launched Humain Sport after acquiring ai.io, signaling a major strategic shift towards AI in sports and technology.

Major Wall Street institution UBS shifts outlook on U.S. tech to neutral, citing AI infrastructure spending slowdown and software market turmoil, prompting investor concern.

AI model compression startup Multiverse is reportedly seeking a €500 million funding round, valuing the company at €1.5 billion, amidst a global shift towards efficient AI deployment.

A new AI tool for tax strategies has sent wealth management stocks plummeting, mirroring recent sell-offs in software and insurance, as UBS warns of sustained AI-related uncertainty in the tech sector.