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The General Authority for Small and Medium Enterprises (Al-Monashat) launched the Artificial Intelligence Incubator Program, through which 33 companies specializing in artificial intelligence graduated in Riyadh. The program aims to support local companies and promote technological localization by offering services such as coworking spaces, consultations, and financial support. The implementation period lasts six months. Beneficiary sectors include health, fintech, e-commerce, and education, with the goal of fostering innovation and developing products in the local market.
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