1 Day
Source:
الاقتصادية
Al-Eqtisadia Hosts First AI Forum
The "Economics" newspaper launched its inaugural annual forum titled "Our Economy and Artificial Intelligence" to discuss the role of AI in enhancing the Saudi economy. The forum addressed Saudi Arabia’s transition from the vision stage to implementation in the field of artificial intelligence, noting that government spending on ICT services reached 31.9 billion riyals in 2025. Private sector investments in AI increased by 20%, with more than 24,000 records of business activities related to artificial intelligence registered, growing by over 31%. Participants emphasized that the future of AI depends on strategic investment, building an integrated governance and ethics framework, and deriving economic benefits from these technologies. They also highlighted the importance of designing strategies that address ethical and security challenges to bolster the kingdom's global competitiveness.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)