Saudi PIF Backs Visionary Holdings with $120M Investment: Big Boost For AI, Education & Real Estate
Portfolio Pulse from Lekha Gupta
Visionary Holdings Inc. (NASDAQ:GV) has signed a Memorandum of Understanding with Saudi Arabia's Public Investment Fund (PIF) for a $120 million investment. This partnership aims to support Visionary's projects in AI, education, and real estate, and is expected to boost the company's market value and industrial expansion.
September 12, 2024 | 2:58 pm
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Visionary Holdings Inc. (NASDAQ:GV) has secured a $120 million investment from Saudi Arabia's PIF, which will support its projects in AI, education, and real estate. This partnership is expected to enhance Visionary's market value and industrial expansion.
The $120 million investment from Saudi PIF is a significant boost for Visionary Holdings, supporting its projects in AI, education, and real estate. This partnership is likely to enhance the company's market value and industrial expansion, as evidenced by the 202% increase in GV's share price.
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