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Kingdom Boosts AI Leadership with $15B Investment
The Kingdom of Saudi Arabia has launched the LEAP 2026 Conference in Riyadh, which is one of the largest global technology gatherings, under the slogan "Urban Intelligence for a Better Life." During the conference, announcements were made about investments and technological collaborations exceeding $15 billion in the fields of artificial intelligence, digital infrastructure, and advanced computing, aiming to enhance the Kingdom’s status as a global hub for technological investments. The focus was on developing massive data centers, expanding partnerships with international companies such as Huawei, AMD, and Microsoft, and launching advanced projects to support AI infrastructure. Additionally, efforts were made to broaden cloud services, thermal technology, and energy sectors, all with the goal of driving digital economic growth and establishing a leadership position in AI innovations.
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