SparkLabs has announced the launch of the $50 million AIM AI Fund, aimed at investing in global AI startups. The fund will primarily support AI projects within the AIM-X accelerator in Saudi Arabia, while also focusing on other global AI ventures. Amid rising investment enthusiasm in AI, the fund plans to allocate 10%-20% of its investments to projects in Saudi Arabia or the Middle East, with the remainder targeting top AI startups worldwide. Spa....