Saudi Arabia Launches AI Company Model
Saudi Arabia has affirmed its development of a comprehensive model to attract artificial intelligence companies and accelerate their growth. This model is based on providing computing capabilities, capital, and access to customers. Saudi Arabia is working on developing more than 14 gigawatts of computing capacity, aiming to meet the needs of advanced AI companies, reduce operational costs, and improve infrastructure efficiency. Additionally, the kingdom is investing in the application of AI in sectors such as healthcare, government services, transportation, and logistics, with a focus on supporting and growing both local and global AI companies through partnerships with Silicon Valley, enhancing computing infrastructure, and expanding investments in tech firms. The goal is to position the kingdom as a global hub for innovation and AI technologies.
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