Saudi Arabia commits over $15 billion to AI at LIP Conference

The activities of the LIP 2026 Conference held in Riyadh focused on announcing investments and partnerships in the fields of artificial intelligence and advanced technologies, amounting to over 15 billion dollars. During the conference, the development of an AI infrastructure was unveiled, including the establishment of data centers and enhanced collaboration with global companies such as Huawei, AMD, Microsoft, and AWS. Officials also emphasized the Kingdom’s support for transforming it into a leading hub in digital technologies, with a focus on developing its computing capabilities and building an integrated national AI ecosystem to boost digital economic growth and elevate the Kingdom’s global standing in technological innovation.

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