BRIEF-Kingdom Holding Acquires Stake In xAI Valued At SAR 1.5 Billion

Reuters

2024/12/25

Dec 25 (Reuters) - KINGDOM HOLDING COMPANY :

* PARTICIPATES IN SERIES C FUNDING ROUND OF XAI, ACQUIRING A STAKE VALUED AT SAR 1.5 BILLION (USD 400 MILLION

* KINGDOM HOLDING - STAKE VALUED AT SAR 1.5 BILLION

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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