SA: Saudi Arabia plans to pour $40bn into AI technology – report
SEEKING ALPHA reports: Saudi Arabia is apparently creating a fund worth about $40B to invest in ...
© Ahmad Faizal Yahya
By Alex Lennane
Agility is cementing its stance as a tech-focused company with the launch of a digital load-matching service in partnership with start-up Homoola. The technology will give shippers access to capacity during peak demand and prevents hauliers from driving empty miles or waiting for cargo. The service is currently operational in Saudi Arabia. Agility Ventures is a key investor in Homoola and worked closely with its tech partner on the service.
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