"GenAI can be the essential catalyst in accelerating this transformation, creating major growth opportunities, and enhancing internal capabilities”. Learn more about the potential GenAI has for Saudi Arabia below. https://lnkd.in/dzpqrQsA #GenAI #tahawultech
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The Future is Now: Saudi Arabia's $40 Billion AI Play The global race for Artificial Intelligence (AI) dominance is heating up, and a new player has just emerged as a major contender: Saudi Arabia. Saudi Arabia's Public Investment Fund (PIF) is putting together a staggering $40 billion fund dedicated to AI investment. This would be one of the world's largest AI-focused funds to date, solidifying Saudi Arabia's position as the world's biggest investor in AI. This move aligns perfectly with Saudi Arabia's Vision 2030 plan to diversify its economy and move away from its reliance on oil. This is a significant development in the world of AI, and Passion Pursuit Groups is keeping a close eye on how it unfolds. #AI #SaudiArabia #Investment #Technology #Vision2030 P.S. Are you an AI expert or enthusiast? Passion Pursuit Groups is always looking for passionate individuals to join our community. Let us know in the comments below! . . . #PassionPursuitGroups #TechSaudi #SaudiAI #TechSaudi #AIInvestment
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Saudi Arabia is moving beyond oil in a digital odyssey that’s creating a technological renaissance. I’m continuously awed by Saudi Arabia’s rapid transformation into a global AI powerhouse. This feat is being accomplished by massive investments, coupled with a strategic focus on AI and sustainability, which are creating a fertile ground for innovation. The potential for partnerships between global tech giants and Saudi entities is immense. However, successful collaborations will hinge on understanding local nuances, regulatory landscapes, and cultural sensitivities. What are your thoughts on the role of international companies in supporting Saudi Arabia's tech ambitions? Read the full Gulf Business article here > https://lnkd.in/er3jKyJP #SaudiArabia #AI #technology #investment #innovation #partnership #sustainability #digitaltransformation
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Saudi Arabia is rapidly emerging as a global tech hub, offering unparalleled opportunities for businesses. With initiatives like Vision 2030 and significant investments in AI and innovation, the Kingdom is an ideal destination for expansion. Dygital9’s deep understanding of the Saudi market and regulatory landscape enables us to provide invaluable support for businesses looking to enter this dynamic market. Let us help you navigate the challenges and maximize the potential of expanding into Saudi Arabia. Explore the benefits of expanding to Saudi Arabia with Dygital9 Learn More - https://lnkd.in/gFna_nin #SaudiArabia #BusinessExpansion #TechHub #Vision2030
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Saudi Arabia is channeling its wealth into becoming a key player in the global tech scene, with substantial investments aimed at diversifying its economy. Highlighting this commitment, the kingdom has announced a $100 billion AI fund and a $5.3 billion investment by Amazon in AI and data centers. These efforts are part of Saudi Arabia's Vision 2030, which seeks to transform its economy by fostering a tech ecosystem that could rival global powerhouses like the U.S. and China. This move marks an exciting opportunity for innovation and growth in the tech sector, particularly in AI and data science, aligning well with the interests of forward-thinking entities like Solutyics. For more about us: www.solutyics.com Info@solutyics.com Whatsapp: +923316453646 Landline: +924235218437 #TechInvestment #SaudiVision2030 #AIRevolution #DataScience #Innovation #GlobalTech #ArtificialIntelligence #TechTrends #FutureOfTech #BigData #TechTransformation #SmartInvesting #DigitalEconomy #TechLeadership #Solutyics
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Founder | Data Science Wizard | Author | Forbes Next 1000 | Global talent awardee | APAC Entrepreneur of the year
Saudi Arabia is launching a monumental $40 billion AI investment fund, aiming to be the world's premier AI investor. This fund will back AI startups and infrastructure, such as chips and data centers, heralding the Middle East as a future hub for technology finance. Given the vast wealth generated from oil - Aramco alone profited about $400 billion in three years - Saudi Arabia is now channeling these funds into advancing AI and technology sectors, positioning itself as a significant player in the global tech landscape. Afterall, semi-conductor chips are being referred to as the new oil. #ai #genai #technology #innovation #semiconductor
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Saudi Arabia is set to become the world's largest AI investor with a new $40 billion fund. The fund, powered by the Saudi government, will invest in AI start-ups and the related technology necessary to power the AI revolution, including chips and data centers. The #MiddleEast is poised to be the key global financier for the next big AI companies. Semi conductor chips have been called the new oil, but the Middle East has a lot of oil, and a lot of cash from said oil profits. With #Aramco generating $400 billion in profits over the last three years alone, Saudi Arabia is now looking to deploy those riches into AI and tech. This is a staggering move that could have a major impact on the future of technology. #SaudiArabia #AI #Technology #Future #Investments | Hayabusa Studios | DV Entertainment | DV Capital
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Senior Advisor at Roland Berger | AI, Digital Assets, Entrepreneurship | Startup founder & CEO (exited)
It was a privilege to collaborate with SCAI | سكاي (Saudi Company for AI) in writing this paper on how #GenerativeAI could impact the Kingdom of Saudi Arabia As KSA continues to implement its #Vision2030 strategy, GenAI is expected to play a key role in smart cities, energy, healthcare, entertainment and financial services. In this paper we describe the key use cases, challenges and prerequisites for successful implementation Check it Wesley HAN Samer Farah Elias Aad Ricardo Tassi Mubarak Alwadaani
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Dynamic & Strategic Business Development & Marketing Leader | Expert in M&As | Product Launches & Localization |MBA, PMP®| Certified Business Development Professional |Sales| Revenue & Profit Growth | Portfolio Expansion
Saudi Arabia's Vision 2030: Empowering Innovation and Data-Driven Growth Saudi Arabia's Vision 2030 is fueling unprecedented progress across the Kingdom, with a strong focus on technology, data, and artificial intelligence. Leading the charge in this transformation is SDAIA (Saudi Data & AI Authority), which is reshaping our future by harnessing the power of data to drive economic growth, improve public services, and enhance the quality of life for all Saudis. Through initiatives like the National Data Bank and AI programs, SDAIA is creating a solid foundation for a thriving digital economy, paving the way for innovation and technological advancements that are set to redefine our future. By aligning with the goals of Vision 2030, SDAIA is not only unlocking local potential but also positioning Saudi Arabia as a global leader in the data and AI landscape. The pace of change is inspiring, and the opportunities are limitless. As we continue to drive forward, it's exciting to see how technology and data are transforming industries and building a more sustainable and prosperous future for the Kingdom. #SaudiVision2030 #SDAIA #Data #AI #Innovation #EconomicGrowth #Sustainability #FutureReady
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Saudi Arabia's Pioneering $40 Billion Investment in AI #SaudiArabia embarks on a transformative journey with a $40 billion investment in #ArtificialIntelligence, under the #Vision2030 Initiative led by Crown Prince Mohammed bin Salman. This colossal commitment to AI aims to diversify the economy, forge global tech partnerships, and enhance the nation's GDP. Discover how this strategic move positions Saudi Arabia as a future leader in AI innovation, in partnership with #AndreessenHorowitz, and its impact on the global tech landscape. Read more in Saudi Business News, link in bio! #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #AI #Technology #Innovation #GlobalPartnerships #EconomicDiversification #TechRevolution
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BREAKING NEWS: Saudi Arabia is on the brink of becoming a global powerhouse in Artificial Intelligence (AI) with the launch of a colossal $40 billion investment fund. This strategic fund, backed by the #Saudi government, is set to channel investments into AI startups and the essential technologies driving the AI revolution—think semiconductor chips and #data centers. The Middle East is stepping up as a pivotal financier for the #AI industry's future champions. And with semiconductor chips being dubbed the 'new oil,' it's a fitting move for a region rich in petroleum and financial resources. Thanks to #Aramco's staggering $400 billion in profits over the past three years, Saudi Arabia is ready to reinvest that wealth into AI and technology sectors. This bold initiative marks a transformative moment that could reshape the tech landscape as we know it. Stay tuned for how this unfolds. Remember to personalize it with your insights or company perspective to engage your network effectively. #Ai #Saudiarabia #future #transformation #aramco #technology
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