Technology
![Saudi Arabia ranks 1st globally in cybersecurity on 2024 World Competitiveness Yearbook](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/06/Saudi-Arabia-cybersecurity.jpg/w=1024,h=683)
Kingdom also secured top spot in areas like long-term employment growth, social cohesion and long-term labor market growth
![Saudi Arabia emerges as key investor in Elon Musk’s $24 billion startup xAI](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/05/xAI-Saudi-Arabia.jpg/w=1024,h=683)
The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market
![Saudi Arabia’s internet penetration reaches 99 percent in 2023: Report](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/05/Saudi-Arabia-Internet-1.jpg/w=1024,h=683)
Both men and women demonstrated high levels of internet usage, with rates of 99.3 percent and 98.5 percent respectively
![Saudi Arabia and Japan to collaborate on digital economy growth, technology innovation](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/05/Saudi-Arabia-Japan1.jpeg/w=1024,h=683)
Both parties discussed the progress made in various digital projects and joint initiatives under the Saudi and Japanese Vision 2030 frameworks
![LEAP 2024: SDAIA, Samsung collaborate to explore localization of digital technologies and innovations](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/03/LEAP-2024-Samsung-1-1-1.png/w=1024,h=683)
The deal aims to automatically include Tawakkalna system applications on all Samsung devices in Saudi
![LEAP 2024: Saudi Arabia launches $120 million in venture funds to boost gaming, esports sector](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/03/LEAP-2024-NDF-SDB-1-1.webp/w=1024,h=683)
The funds seek to promote local content development and drive industry impact in line with Vision 2030
![LEAP 2024:Â Saudi Ministry of Media forges 4 agreements with global entities](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/03/Saudi-LEAP-2024-ministry-of-media.webp/w=1024,h=683)
The deals aim to develop training programs for media orkers, focusing on AI and other technical fields
![LEAP 2024: KACST inks 13 partnership agreements to build semiconductor system](https://economysaudiarabia.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economysaudiarabia.com/2024/03/LEAP-2024-KACST-Alat-1-1-1.png/w=1024,h=683)