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Gulf-backed Anthropic’s $2T IPO, Abu Dhabi’s AI Drug Discovery & Aramco Stadium Nears Opening
Season 1
Episode 966
Published 1 month, 2 weeks ago
Description
On today’s Smashi Business Show, we look at three major stories shaping the Gulf’s growing role in technology, healthcare and sports. Anthropic could target a $2 trillion IPO, potentially making it the biggest listing in history, with Abu Dhabi’s MGX and Qatar’s QIA among its investors. We then head to Abu Dhabi, where biotech company Insilico Medicine has used AI and local computing infrastructure to discover a potential non-addictive painkiller. Finally, Saudi Arabia’s Aramco Stadium is entering final testing ahead of its planned November opening. The 47,000-seat venue aims to become a year-round sports, entertainment and commercial destination.