Monday, January 8, 2024

Amazon, Google, and Microsoft received licenses to establish HQs in Riyadh, after the government planned to halt contracts to companies without regional HQs (Bloomberg)

Bloomberg:
Amazon, Google, and Microsoft received licenses to establish HQs in Riyadh, after the government planned to halt contracts to companies without regional HQs  —  - Global firms had Jan. 1 deadline to shift regional HQs  — Saudi Arabia wants multinationals to have local offices



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Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was "north of $400M", up from $20M a year ago, and it is set to hit $1B ARR by 2026-end (Financial Times)

Financial Times : Mistral CEO Arthur Mensch says the startup's annualized revenue run rate was “north of $400M”, up from $20M a year ...