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Long-term growth optimism remains high, with 71 percent expecting revenue growth over the next three years The automaker is spearheading Saudi Arabia’s EV ambitions, combining cutting-edge innovation with local talent to support Vision 2030 and drive the Kingdom’s transformation into a global clean mobility hub Minister Alswaha's visit to Meta sets stage for major AI innovations in the Kingdom Focus areas include modernizing business models and boosting operational efficiency within the industrial sector Building sustainable talent pipelines is critical for unlocking AI's economic potential in the Middle East The agreements between Saudi Arabia and Japan cove healthcare, infrastructure and logistics sectors Saudi Arabia’s gain from AI will likely exceed other countries in the Middle East with around $135 billion in value by 2030 The event showcased over 500 Amazon Echo devices with Alexa during the 94th Saudi festivities This 17-rank jump among 83 countries highlights the Kingdom's rapid progress in AI adoption and development Dammam cloud region could create about 150,000 jobs by 2030 and support 1.2 million SMEs SAMAI initiative marks a significant strategic step towards developing human capital in Saudi Arabia The telecom, media & entertainment, and technology sectors could achieve the highest potential margin upside by adopting GenAI New region will help boost the Kingdom’s AI economy, which is expected to reach $135.2 billion by 2030 The value of the Kingdom's data and AI economy is currently at around $4-5 billion Riyadh is among the top emerging ecosystems globally with four unicorns in the last 10 years The startup recently announced its $6 billion Series B funding round which it will utilize to launch xAI’s first products in the market According to experts, the Kingdom is the region's fastest-growing IT market Businesses need to be agile, adapt their strategies and invest in digital infrastructure The deal aims to automatically include Tawakkalna system applications on all Samsung devices in Saudi The collaborative agreement seeks to advance cutting-edge AI research Utilizing 5G and artificial intelligence to transform vital sectors The two companies extended the managed services partnership for another three years Investment funds and funding rounds to support innovation and tech entrepreneurship The deals aim to develop training programs for media orkers, focusing on AI and other technical fields
