Economic Forum Chief on Saudi AI Goals
The article focused on Saudi Arabia's aspirations in the artificial intelligence sector. Muhammad Al-Bishi, Editor-in-Chief of Al-Eqtisadia and Chair of the Annual Economic Forum, emphasized that Saudi Arabia aims not only to invest in AI but also to lead in its ethical governance and oversight. He pointed out that government spending on communications and technology services is projected to reach around 31.9 billion riyals by 2025, with a 20% increase in public sector investments in artificial intelligence and emerging technologies. Saudi companies in AI have attracted investments totaling $9.1 billion across 70 deals, and by 2026, their business activities are expected to exceed 24,000 transactions, reflecting growth of over 31%. Al-Bishi affirmed that Saudi Arabia aspires to be a global leader in ethical leadership and sustainable development of AI by establishing an international research and ethics center in Riyadh under UNESCO’s patronage, focusing on effective AI utilization and harnessing its economic benefits.
تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي
comments.heading