Jordan’s Entrepreneurship Fund Commits $5M to STV to Build a Jordan–Saudi AI Corridor

The Jordanian Entrepreneurship Fund has committed $5 million to Saudi venture capital firm STV in a deal designed to channel funding into artificial intelligence startups across the Middle East and North Africa. Beyond the capital itself, the partnership is structured around what both parties are calling an “AI corridor” linking Jordan and Saudi Arabia — a pipeline intended to give startups in both markets access to deeper pools of funding, technical expertise, and cross-border expansion routes.