Saudi Arabia launches $100 Billion AI initiative to lead in global tech

Posted under: AI technologies
Date: 2024-11-12
Saudi Arabia launches $100 Billion AI initiative to lead in global tech

Saudi Arabia has launched Project Transcendence, a $100 billion AI initiative to establish itself as a global tech leader. Aimed at diversifying its economy as part of Vision 2030, the project focuses on building data centers, supporting startups, and attracting AI talent. Partnerships, like Google’s $5-10 billion investment, will drive Arabic-language AI and local tech solutions, promoting Saudi as an AI exporter by 2030.

Read more at: www.cio.com