Urgent.News

What's breaking now, across thousands of outlets.

Business

Sheikh Tahnoon holds talks with US venture capitalist David Fialkow

Opportunities for business and technology partnerships were at the centre of talks as Sheikh Tahnoon bin Zayed , Deputy Ruler of Abu Dhabi and National Security Adviser, met US billionaire businessman David Fialkow. Sheikh Tahnoon and Mr Fialkow, co-founder of venture capitalist firm General Catalyst, discussed advances in the technology sector and their impact on investment trends. They…

Sheikh Tahnoon holds talks with US venture capitalist David Fialkow

Sheikh Tahnoon bin Zayed, Deputy Ruler of Abu Dhabi and National Security Adviser, engaged in discussions with US venture capitalist David Fialkow on Wednesday. The primary focus of their meeting was exploring opportunities for business and technology partnerships. Both men emphasized the role of harnessing expertise and investment capabilities to stimulate economic growth.

Sheikh Tahnoon and Fialkow, co-founders of venture capital firm General Catalyst, delved into recent advancements in the technology sector and their implications for investment trends.

General Catalyst, established by Fialkow in 2000, manages billions of dollars in assets and has invested in over 800 companies, including notable ventures like Airbnb and Anthropic. Recently, AI-powered voice transcription tool Otter announced a $320 million investment from General Catalyst's Customer Value Fund, which will be used for international expansion and product innovation.

Sheikh Tahnoon, who chairs the Artificial Intelligence and Advanced Technology Council, plays a pivotal role in Abu Dhabi's expanding global investment strategy, particularly in advanced technologies. He frequently meets with influential business and technology leaders to promote investment opportunities and collaboration. Previous conversations have included meetings with G42 CEO Peng Xiao, Meta founder Mark Zuckerberg, Elon Musk, Amazon CEO Jeff Bezos, Nvidia CEO Jensen Huang, and Satya Nadella, along with high-ranking US officials from the current administration.

In February, Sheikh Tahnoon met with former UK Prime Minister Tony Blair to discuss the growing influence of AI and its potential to enhance government efficiency.

Written by urgent.news from The National Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at thenationalnews.com →

More in Business

More from Wednesday 21 October →