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Sources: CFIUS forced Aramco Ventures' Prosperity7 fund to sell its stake in AI chip startup Rain AI in the past year; Prosperity7 led Rain'


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2023-12-01 00:27:46
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Cybersecurity Business

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Jane Lanhee Lee / Bloomberg:

Sources: CFIUS forced Aramco Ventures' Prosperity7 fund to sell its stake in AI chip startup Rain AI in the past year; Prosperity7 led Rain's 2022 $25M raise  —  - Aramco Ventures' Prosperity7 sold Rain AI shares to Grep VC  — Altman met Middle East funds for an Nvidia rival chip firm




Jane Lanhee Lee / Bloomberg:

Sources: CFIUS forced Aramco Ventures' Prosperity7 fund to sell its stake in AI chip startup Rain AI in the past year; Prosperity7 led Rain's 2022 $25M raise  —  - Aramco Ventures' Prosperity7 sold Rain AI shares to Grep VC  — Altman met Middle East funds for an Nvidia rival chip firm



Source: TechMeme
Source Link: http://www.techmeme.com/231130/p44#a231130p44


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