Saudi Aramco and Alphabet In Talks To Build Tech Hub: Report
Saudi Aramco is reportedly in talks with Google’s parent company Alphabet Inc about partnering to build a large technology hub in Saudi Arabia, according to a recent article by The Wall Street Journal, which cited sources familiar with the matter.As part of the potential joint venture, Alphabet would help the state-owned oil giant build data centers around Saudi Arabia. Beyond that, details are scarce, with it being unclear whosSenior executives at Saudi Aramco and Alphabet, including its CEO Larry Page, have reportedly been in talks for months about a deal, as per the report. e data the centers would house or who would control them. The size of the potential venture is also up in the air, although it could be big enough to become listed on Saudi Arabia’s stock exchange, according to the WSJ report.Senior executives at Saudi Aramco and Alphabet, including its CEO Larry Page, have reportedly been in talks for months about a deal, as per the report.
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