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AMD acquires World Labs in $8.2B AI deal

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AMD acquires World Labs in $8.2B AI deal
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Cabinet adopts 11 new resolutions

Cabinet adopts 11 new resolutions

The decisions of the new Council of Ministers, headed by Crown Prince Prince Mohammed bin Salman, focused on strengthening international relations and regional stability. They included discussions with leaders of Russia, Qatar, Sudan, and the United Arab Emirates, as well as supporting the Kingdom’s efforts in international platforms, especially at the United Nations General Assembly, to promote global security and peace. The council also approved new agreements and authorized ministers to negotiate and sign memoranda of understanding in various fields, including culture, health, and anti-corruption efforts. It emphasized the importance of safeguarding the freedom of navigation in the Strait of Hormuz and the Bab el-Mandeb, rejecting any measures that threaten maritime security. Additionally, the council deliberated on political and regional issues, reviewed local development reports, and approved numerous documents and regulatory decisions, reflecting the Kingdom’s ongoing efforts to enhance its stability and its regional and international role.

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