The first day of “Libyer 25” .. investments at 14.9 billion dollars in artificial intelligence

The Kingdom of Saudi Arabia continues to enhance its position as a global center for investment in technology and, as the current version of the conference of 25 huge investments declared $ 14.9 billion, reflects the Kingdom’s commitment to developing digital infrastructure and enhancing technical innovation.

Huge investments

Google Cloud has announced a strategic investment in the digital infrastructure of artificial intelligence, by launching a global gathering in Saudi Arabia, which will enable it to meet the increasing regional and international demand.

Global partnerships

During the conference, “GROQ” announced: The company’s expansion of the establishment of the largest global data centers in the field of obstetric intelligence using LPU processors, with $ 1.5 billion investments.
“Lenovo & alaat” revealed that $ 2 billion to build an advanced manufacturing center based on artificial intelligence and robots in Riyadh, while “Qualcomm & ALAM” announced an advanced scientific computer introduction to artificial intelligence to support scientific research and innovation.
“Alibaba Cloud” launched a program for obstetric artificial intelligence to support the Arabic language and Saudi cloud artificial intelligence platforms.

Expand technical capabilities

“KKR & GDH” announced an investment of $ 300 million to enhance the local artificial intelligence infrastructure and improve global communication capabilities, while “Sambanova Systems” announced an investment of $ 140 million to create an advanced infrastructure for artificial intelligence that contributes to enhancing innovation in Saudi Arabia.
During the conference, “Databricks” announced an investment of $ 300 million in cloud artificial intelligence technologies (PAAS) to support the development of innovation -based applications.

Quality investments

In addition to these investments, the conference witnessed the announcement of other projects to support the infrastructure of artificial intelligence and advanced technology solutions, which enhances Saudi Arabia’s position as a major center in the region for digital transformation.

A shift towards the future

These investments reflect the Kingdom’s commitment to the vision of 2030, as it seeks to transform the Saudi economy into a knowledge -based economy, and to enhance its capabilities in artificial intelligence and emerging technologies, which puts it in the ranks of countries that are leading globally in this field.