Mohammed Sergie

1 week ago | semafor.com | Mohammed Sergie

Saudi Arabia’s new artificial intelligence platform HUMAIN plans to launch a $10 billion venture fund and build out data center capacity worth as much as $77 billion, its CEO said. The company, backed by the Public Investment Fund, is also seeking investment from US tech giants, and is in talks about joint projects with OpenAI, Elon Musk’s xAI, and Andreessen Horowitz, Chief Executive Tareq Amin told the Financial Times.

1 week ago | flipboard.com | Mohammed Sergie

State Street’s Second Bid to Bring Private Credit to the MassesThe fund giant is launching a new ETF, even though its first has failed to gain traction Welcome to Going Private, Bloomberg’s twice-weekly newsletter …

1 week ago | semafor.com | Mohammed Sergie

Drone warfare has become central to Ukraine’s defense against Russia, where cheap, nimble aircraft are being deployed to counter superior firepower. What began as modified hobbyist drones have evolved into a large industry which experts say could position Ukraine as a leading supplier of low-cost weapons for the drone age. Riding that wave is Khaled Alfaiomi, a Syrian-born cybersecurity expert and entrepreneur, operating under a pseudonym for safety reasons.

1 week ago | yahoo.com | Mohammed Sergie

The ScoopDrone warfare has become central to Ukraine’s defense against Russia, where cheap, nimble aircraft are being deployed to counter superior firepower. What began as modified hobbyist drones have evolved into a large industry which experts say could position Ukraine as a leading supplier of low-cost weapons for the drone age. Riding that wave is Khaled Alfaiomi, a Syrian-born cybersecurity expert and entrepreneur, operating under a pseudonym for safety reasons.

2 weeks ago | semafor.com | Mohammed Sergie

Aliph Capital, the first woman-founded private equity firm in the Gulf, closed its debut fund at $200 million and plans to invest in two companies this year. The Abu Dhabi-based firm raised 20% less than its target during “one of the hardest” periods for private equity globally, founder and CEO Huda Al Lawati told Semafor on the sidelines of the Qatar Economic Forum. Investors include Abu Dhabi sovereign wealth fund ADQ, the Saudi Public Investment Fund’s Jada, and Saudi Venture Capital.