Facilities boost skills of 33 firms with AI
The General Authority for Small and Medium Enterprises, "Monsha'at," celebrated the graduation of 33 companies specialized in artificial intelligence as part of the first batch of the AI Incubator Program in Riyadh, supported by over 20 entities from both the public and private sectors. The program aims to strengthen local companies and promote technology localization by providing services such as workspaces, consultations, and technical resources over a six-month period, as well as supporting the development of their products for market entry and showcasing their business models to investors. The incubated companies span eight diverse sectors, including healthcare, financial technology, and e-commerce, with the goal of enabling growth and sustainability in line with the Kingdom's Vision 2030.
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