The Future Investment Initiative announces the dawn of a new economic era
Today, Thursday, the ninth edition of Future Investment Initiative (FII) with a poignant message of optimism and determination.
Fi "Day Investment"Global leaders, investors, and innovators heralded the dawn of a new economic era, driven by the powers of artificial intelligence, human ingenuity, and a shared belief in progress.
The ninth edition of the Future Investment Initiative (FII9) broke records, welcoming more than 9,000 representatives, 2,000 members, 60 strategic partners, and 600 media representatives from more than 60 countries.
More than half of this year’s speakers came from (52%) from the technology sector, which confirms the historic shift towards a global economy supported by artificial intelligence.
Private Capital
And in a session "Council of Change Makers" Held on the third day, leading investors including Sir Martin Sorel, Nour Suwayd, John Lindfors, and Fengli Fang agreed that private capital, currently worth more than $13 trillion, and expected to exceed $20 trillion within 5 years, has become the world’s new economic backbone.
Artificial Intelligence and Space Redefine the Frontiers of Innovation Continuing a deep focus on technology during the week, Philip Johnston of "Star Cloud" Launch of the first AI data center in space, supported by a discount "SpaceX" 100 times the launch costs.
He said: "We can now train extraterrestrial AI and cool it with the universe"
Deploying 100,000 human robots
in one session "The rise of automated devices" (Rise of the Automata), revealed by Eric Jang "1X Technologies" announced plans to deploy 100,000 humanoid robots by 2027, describing it as "The dawn of the age of robots building robots"
Member of the Board of Trustees of the Future Investment Initiative Foundation, Peter Diamandis, presented SAGE, a sovereign artificial intelligence governance engine that was developed in the Kingdom of Saudi Arabia to help countries adapt their policies at the speed of artificial intelligence, stressing that it "The Kingdom’s gift to the world"
And in a session "Will the Gulf Cooperation Council become a new strategic anchor for global venture capital?"His Highness Prince Fahd bin Mansour described Riyadh as… "Capital capital, where founders raise funding, and global investors meet limited partners"
The session confirmed the rise of the Gulf region as one of the most dynamic innovative ecosystems in the world.
Empowering global entrepreneurs
In an effective "Innovators competition in the Future Investment Initiative 2025"startups in the fields of artificial intelligence-designed medicine, diagnostic health, human robotics, and sovereign computing have captured the attention of investors.
The CEO of the National Information Technology Development Program, Ibrahim Abdulaziz Al-Nayaz, pledged continued support to enable creative entrepreneurs from all over the world to serve humanity.
He stressed "Public Investment Fund Global Asset Management Forum"The Kingdom’s rise as a global investment center.
While Yazid Al-Hamid of the Public Investment Fund announced that the asset management industry in the Kingdom has exceeded one trillion riyals in managed assets, driven by product innovation, global partnerships, and talent development.
Private Credit Assets Doubled
The Chairman of the Board of Directors of the Capital Market Authority, Muhammad Al-Quwaiz, revealed that private capital is now the fastest growing sector in Saudi finance, and is expanding at about twice the sector’s growth rate, with private credit assets doubling in recent years.
/>Executives from Goldman Sachs, BlackRock, State Street, and the Public Investment Fund discussed the rapid rise in private credit, exchange-traded funds (ETFs), and quantitative investing, and Goldman Sachs’ Dennis Walsh described the Kingdom as one of the most exciting emerging markets in the world for data-driven returns."
Riyadh is a place to invest capital
and in one session "The story behind the stories"Senior editors from Bloomberg, CNN, Al Arabiya, and Semaphore spoke about the kingdom’s transformation.
Bloomberg’s Manus Crane said: "Riyadh has transformed from a place to raise capital to a place to invest capital"
CNN’s Caroline Faraj said: "Artificial Intelligence is no longer just a buzzword, it is a national imperative"
While the session moderator, Chairman of the Executive Committee and Acting CEO of the Future Investment Initiative Foundation, Richard Attias, concluded by saying: "The Ninth Future Investment Initiative is a lesson in optimism"
Thanks to the Crown Prince
The closing session was presented, "Hope: How peace opens doors to prosperity"a poignant ending, as Venezuelan Nobel Peace Prize laureates Maria Corina Machado and Cecilia Atias discussed moral courage and human dignity.
Machado said: "Peace requires freedom and justice, and it begins with internal consistency"
As the ninth edition of the Future Investment Initiative approaches its end, Richard Attias dedicated this event to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister, saying: "You are the driving force of this nation, the inspiration behind this initiative. Thank you for your vision, hospitality, and belief in what the Future Investment Initiative stands for."
He thanked the participants who contributed to making the ninth Future Investment Initiative (FII9) the most prominent investment conference in the world and a testimony to the role of the Kingdom of Saudi Arabia as a catalyst for global prosperity.
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