State oil giant Saudi Aramco’s 49 percent purchase of AI company Humain will ease pressure on the kingdom’s sovereign wealth fund as the country leans on national champions to develop new industries, analysts have said.
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SABIC’s largest investment in China, the Fujian petrochemical complex, is on track for startup in the fourth quarter of 2026 after three plants completed trial runs, the company’s CEO said.
The world’s poorest economies are receiving only a fraction of the investment pouring into artificial intelligence, semiconductors, clean energy and critical minerals, UN Secretary-General Antonio Guterres warned on Sunday, urging governments and investors to…
Saudi Arabia’s ACWA is expanding its renewable energy, electricity storage and water desalination projects as the rapid growth of artificial intelligence and data centers drives up power demand and increases the need for reliable, efficient and competitively…
A panel session titled "Energy and AI as Co-Enablers," held as part of the 25th WPC Energy Congress, discussed the role of energy in enabling artificial intelligence and the interdependent relationship between the two sectors.
