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LIP 2026: $15B in AI Investments
During the "LIV 2026" conference, Saudi Arabia announced technological investments exceeding $15 billion, aimed at strengthening its position in artificial intelligence and digital technologies, in line with the Kingdom's Vision 2030. The event saw the signing of agreements with global companies, most notably expanding the partnership with Amazon Web Services to establish advanced computing capabilities supporting AI models, and launching the Saudi model "A’lam" on the "Amazon Bedrock" platform to provide AI services both locally and internationally. These investments aim to localize digital knowledge, develop technological infrastructure, and boost vital sectors such as energy, industry, and logistics, thereby enhancing Riyadh's status as a major hub for AI and technological investment in the region.
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