12 Hrs
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الاقتصادية
Economic Forum Chair on Saudi AI Leadership
The article focuses on Saudi Arabia's efforts to promote the use of artificial intelligence to drive economic growth. The ambition emphasizes ethical leadership and governance in this field, aligning with global market developments. It highlights that government spending on AI technologies is expected to rise to 31.9 billion riyals by 2025, while Saudi AI companies have attracted approximately $9.1 billion through 70 deals. AI activities are projected to grow by more than 31% in 2026. Additionally, officials underscored that the question is no longer merely about using artificial intelligence, but about how to employ it investment-wise and practically to achieve economic and ethical benefits. This includes establishing an international center for AI research and ethics in Riyadh under the auspices of UNESCO.
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