Well, there certainly are possibilities going forward that aren't that farfetched. While there is a few dot joining in this post, it's not too hard to see the connections could easily be made.
So the new Saudi drive is going to be towards Tech. They know Oil will eventually have its day, and then what? Like all good companies and in this case the country itself, making sure you pivot to new opportunities and open new doors as others close is really important and needed.
So the Saudi Govt have set up a $100 Billion fund to "pivot" the country to towards this new Tech Boom, that won't be like the dot com boom but the real AI boom coming. How?
They've set up a company ALAT who have just recently signed a deal to partner with Japanese company Softbank. SoftBank's Vision Fund is the world's largest technology-focused venture capital fund. They are 90% owners of ARM, and as we know ARM are very happy to acknowledge Brainchip as a partner which compliments their own IP. (In many ways in manufacturing!)
It's likely that ALAT will use ARM in every device they manufacture and the robots used in the process. Anyone following BRN will know that our AI will compliment ARM in every sensor making them smarter and more efficient. It is clear reading ALAT media that being green and using less power to do so is a real target for them. The other thing to consider is that they are just starting up. So they will be starting fresh and making their manufacturing the best and most advanced in the modern ERA.
So yes some degrees of separation here, but when all roads lead to ROME, who are we to deny the truth?![]()
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