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Kingdom ranks top 10 AI investors

Kingdom ranks top 10 AI investors

The World Bank report for 2026, titled "The Promise of Artificial Intelligence," ranked Saudi Arabia among the top 10 countries worldwide in private investment in AI. The report highlighted that the Kingdom has become a key hub for advanced talent and expertise, being recognized as a global model in linking and integrating government data, supported by Saudi Vision 2030, which focuses on building a data-driven and innovative economy. It also confirmed significant progress in digital infrastructure, with data center capacity increasing from 68 MW in 2021 to 467 MW in 2026, and 99% coverage of 4G and 5G networks, alongside an average internet speed of 216 Mbps. Moreover, Saudi Arabia excelled in attracting skilled professionals, recording the highest influx of AI specialists, with the total tech workforce rising to approximately 426,000—a cumulative growth rate of 186.6% since 2018. The report noted that the Kingdom launched the "SDAIA" platform for integrating government data, contributing to raising the digital economy’s contribution to 16% of GDP, and ranked second worldwide in digital government maturity. The report demonstrates that focusing on developing infrastructure, cultivating skills, and creating a flexible regulatory environment has paved the way for Saudi Arabia to become a global AI hub, while continuing to implement ambitious strategies and initiatives to realize its future vision.

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