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Public Investment Fund invests in AI and tech
Saudi Arabia emphasizes the importance of developing its artificial intelligence ecosystem to achieve global leadership in the field. The government and the Public Investment Fund are investing in the development of AI solutions and technologies, focusing on building high-efficiency data centers and advancing sophisticated language models in Arabic, such as the "Agr" model, which contains more than 380 billion words and possesses an advanced global classification. Additionally, the startup "Humaine" has launched an interactive Arabic chat application serving over 400 million speakers, with investments totaling $3 billion, and has successfully automated more than 1,500 processes within the fund's ecosystem, saving millions of work hours. The national strategy also affirms that artificial intelligence is a key component of Saudi Arabia's Vision 2030, with 2026 declared as the Year of AI, aiming to position the Kingdom as a global hub for innovation in this domain.
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