Saudi Arabia collaborates with tech giants, investing $14.9 billion to expand in the field of artificial intelligence

ChainCatcher news, Saudi Minister of Economy and Planning Abdullah bin Amer Al-Swaha stated that Saudi Arabia will collaborate with global technology innovators to invest $14.9 billion in artificial intelligence, emerging technologies, and cloud computing. These technology partners include Google Cloud, Lenovo, Alibaba Cloud, Qualcomm, Groq, and Salesforce.

Ahmad Al-Khowaiter, Executive Vice President of Technology and Innovation at Saudi Aramco, added: "Our business is focused on scale. That’s why we need to collaborate; no single company can deliver on the promises of artificial intelligence. It has to be a partnership, and it must be implemented by multiple companies to deliver the technology we need."