Saudi-French pact boosts Gulf AI market
Saudi Arabia and France have established a strategic partnership in the field of artificial intelligence during Crown Prince Mohammed bin Salman's visit to Paris, within an agreement estimated at hundreds of millions of euros. The partnership includes developing advanced technological solutions such as cybersecurity and voice recognition, with a focus on Arabic language models and leveraging Saudi computational capabilities and data centers. Additionally, a Saudi project was announced to build three entertainment parks near Paris with an investment of approximately 6 billion euros, along with a 500 million euro contract to modernize Riyadh's metro trains. The collaboration also extends to nuclear energy, the development of Al-Ula, and cultural initiatives, opening a new phase of economic and technological cooperation between the two countries.
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