Technology

Saudi Arabia is poised to make a significant entry into the artificial intelligence sector by creating a substantial investment fund valued at $40 billion specifically for AI start-ups. This initiative marks the kingdom's strategic move to tap into a market that's already saturated with substantial investments.AI is the latest focus of Saudi Arabia's Public Investment Fund The kingdom's Public Investment...

LG Electronics, a global leader in technology, has made a significant contribution to manufacturing in Riyadh, Saudi Arabia by transferring its advanced Variable Refrigerant Flow (VRF) production technology to the LG-Shaker factory. This move introduces a new chapter for the Saudi market, presenting an energy-efficient solution that meets the demands of modern infrastructure and aligns with the nation's strategic Saudi...

Saudi Arabia's Ambitious Plan to Lead in AIA substantial fund of approximately $40 billion is being established by Saudi Arabia to propel investments in artificial intelligence (AI), as per a recent publication in The New York Times.The country is determined to utilize its financial power to influence the rapidly evolving technological landscape. This initiative is the result of deliberations among...

In an ambitious push to become a key player in the field of artificial intelligence (AI), Saudi Arabia is reportedly establishing a massive investment fund. This fund, estimated to be worth around $40 billion, aims to propel the nation to the forefront of the technological revolution currently transforming global industries. Insiders who have been briefed on the plans reveal that...

In a significant stride for Saudi Arabia's burgeoning technology industry, a pivotal agreement has been inked between Dahua Technology and Alat, a firm under the auspices of the Kingdom's sovereign wealth fund. This collaboration is poised to inject fresh impetus into the local tech sector.The alliance is an extension of Dahua's strategic expansion endeavors within the Middle East and North...

The Communications, Space, and Technology Commission (CST) is rallying support for Saudi Arabia's entries in the World Summit on the Information Society (WSIS) awards, sponsored by the International Telecommunication Union (ITU). The goal is to promote the nation's projects and drive the kingdom towards a thriving digital economy that benefits everyone. Currently, 31 Saudi projects representing a blend of public...

Two hundred educational institutions in Saudi Arabia are poised to integrate advanced educational technologies created by the Kazakhstani startup CodiPlay, as announced by the Ministry of Digital Development, Innovations and Aerospace Industry of Kazakhstan.The collaboration was cemented during the LEAP 2024 technology forum in Riyadh, establishing a strategic partnership between CodiPlay and the Artificially Intelligent Learning Assistant (AILA), with the...

The Communications, Space, and Technology Commission (CST) has announced an open call for public participation to gather insights on the proposed Regulations for the Use of Radio Spectrum for Satellite Services. This initiative is designed to streamline the utilization of radio frequencies in wireless communication services, with an emphasis on enhancing spectrum efficiency and adhering to global best practices while...

The Communications and Space Technology Commission (CST) has recently disclosed findings from the fourth quarter of 2023 on the 'GameMode' initiative. The detailed report encompasses strategic recommendations aimed at augmenting online gaming experiences by enhancing Internet connectivity, household network configurations, and the efficiency of networking equipment, according to a CST announcement. Furthermore, the document underscores the procedures for engaging in...

A recent report titled Saudi Arabia Data Center Market Competition Forecast & Opportunities, 2028 has been incorporated into the offerings of a prominent market research firm. This report reveals a significant upturn in the Saudi data center industry, attributed to the accelerating digital transformation and the rising demand for advanced tech frameworks between 2024 and 2028. The sector's growth is...

The Kingdom of Saudi Arabia is experiencing significant growth in its data center sector, with approximately 24 colocation data centers currently operational. A notable example includes the Uptime-rated Tier III Dammam Data Center operated by center3 (stc).Major players such as center3 (stc) are leading the charge, with ambitious plans to increase data center capabilities to around 125 MW by 2025-2026....

Nicholas Dirks, the esteemed leader of The New York Academy of Sciences, recently took the stage at a highly acclaimed international tech gathering to share his insights on the intersection of artificial intelligence (AI), culture, and language.His talk, entitled 'The Social Life of AI,' was delivered at the LEAP conference at the Riyadh Exhibition and Convention Center. Within the broader...

The Children with Disability Association in Saudi Arabia has embarked on an innovative partnership with Amazon, introducing an Alexa-based program tailored for educational and rehabilitative purposes.Original Arabic content has been developed specifically for Alexa-enabled devices to meet the rehabilitation requirements of children, as announced by the Saudi Press Agency.A total of 28 Alexa devices have been installed across different classrooms...

Animoca Brands Corporation Ltd is at the forefront of transforming the Web3 and gaming environments in Saudi Arabia through a recent Memorandum of Understanding with King Abdulaziz City for Science and Technology (KACST). This collaboration aims to nurture the Web3 and gaming sectors within the Kingdom.KACST, an autonomous governmental institution, is committed to promoting scientific and technological progress and fostering...

At the recent Saudi Arabia Green Energy Week 2024, Dr. David Zhang, Chief Technology Officer at Sunpure, was a key speaker in a panel titled Opportunities & Challenges – Developing Solar PV in KSA & MENA. He highlighted the impact of Automated Robotic Cleaning Systems (ARCS) in the solar power sector.Dr. Zhang pointed out the swift progression in ARCS technology,...

An engaging dialogue with Michael Champion, the Chief Executive Officer of Tahaluf, shed light on the dynamic technology scene within the Kingdom, the region's potential for attracting investments, and the pivotal elements contributing to Tahaluf's thriving presence.The conversation revealed the strategic importance of the Kingdom's tech sector, emphasizing its strong appeal to investors and how Tahaluf leverages these dynamics for...

Jeddah has recently celebrated the grand opening of what is considered the world's first mosque built with 3D printing technology. This landmark structure, situated in the Al-Jawhara district, honors the memory of Abdulaziz Abdullah Sharbatly. This gesture of remembrance comes from his spouse, Wajnat Abdulwahed, a prominent Saudi businesswoman.Abdulwahed, who leads Fursan Real Estate, spearheaded the project. The construction of...

The conclusion of the LEAP24 International Tech Conference in Riyadh marks another milestone for the Middle East's burgeoning technological landscape. The event, now in its third installment, has seen a significant rise in attendance, attributing its success to the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince and Prime Minister of the Kingdom of...

In a pivotal step to bolster its position as a hub of technological innovation, SAMI Advanced Electronics (SAMI-AEC) recently wrapped up a triumphant appearance at the globally recognized tech event, LEAP 2024. The company reported from Riyadh that its participation was characterized by significant agreement signings and a display of its technological capabilities. The premier event, held at the Riyadh...

As a key proponent of digital progression, stc Group concluded its significant involvement in LEAP 2024, the tech event with the highest global attendance, serving as the event's main strategic partner and exhibitor. During the event, the group emphasized its dedication to advancing digital innovation, showcasing a plethora of technological advancements in sectors including health, logistics, mega-projects, and sports. Additionally,...

The General Directorate of Passports in Saudi Arabia has introduced a new digital document for international guests during the LEAP 2024 tech event, held from March 4th to 7th at the Riyadh International Convention and Exhibition Center. This innovative service is among the various digital and technical solutions offered to citizens, residents, and tourists to improve their access to services...

The National Technology Development Program (NTDP) in collaboration with the Ministry of Communications and Information Technology (MCIT), the Saudi Data and AI Authority (SDAIA), and King Abdullah University of Science and Technology (KAUST), has unveiled a strategic initiative known as AIM. This initiative is a significant step towards building an integrated artificial intelligence (AI) innovation network in Saudi Arabia, in...

Saudi Arabia has been recognized for its forward-thinking leadership and strategic investment in cutting-edge technologies, establishing itself as a leader in global innovation, says a leading business figure.Speaking at the LEAP 2024 event, Honeywell's president and CEO for Global High Growth Regions, Anant Maheshwari, described Saudi Arabia as a pivotal market. He highlighted the nation's unique position as one of...

During the celebrated annual LEAP technology conference in Saudi Arabia, the national oil giant Saudi Aramco made headlines with the launch of its inaugural artificial intelligence (AI) model, aiming to revolutionize operational efficiency while reducing expenditures.Unveiled as the Aramco Metabrain AI, this avant-garde AI model stands out in the industrial domain with its whopping 250 billion adjustable parameters and was...

Atos has inaugurated a state-of-the-art Sports Technology Centre of Excellence in Riyadh, marking a significant expansion of its global expertise in the sports sector to the Middle East. The enterprise, recognized globally as the IT partner for the Olympic and Paralympic Games, is intensifying its focus on sports technology in the Middle East. Atos also holds the title of Official...

During the recent LEAP technology conference held in Saudi Arabia, a staggering $11.9 billion was committed to investments across various sectors. The kingdom’s bold initiative to transform into a leading global technology hub was evident with the emphasis on artificial intelligence (AI) and cloud services receiving a substantial portion of the financial commitments as the event concluded.The conference, which took...

Hewlett Packard Enterprise (HPE) made a significant announcement at the LEAP 2024 conference in Riyadh, revealing the launch of its 'SAUDI MADE' HPE servers. The announcement was timed with the opening of HPE's new production facility within the capital, signaling a significant boost for the local tech manufacturing sector.In a strategic partnership with Alfanar, the tech giant will produce thousands...

At the prestigious LEAP 2024 technology conference, Faisal bin Fadhil Alibrahim, the Saudi Minister of Economy and Planning, inaugurated the 'Data Saudi' platform amidst a gathering of industry leaders and experts from over 180 nations. The platform's debut marked a significant milestone in the nation's push towards digital transformation and economic transparency. The Data Saudi platform first appeared in a...

On a momentous Wednesday in Riyadh, esteemed representatives from Saudi Arabia and Estonia convened to forge a path forward in the realm of data and artificial intelligence (AI). The president of the Saudi Data and AI Authority (SDAIA), Abdullah bin Sharaf Alghamdi, hosted a pivotal meeting with the Estonian Minister of Economic Affairs and Information Technology, Tiit Riisalo. The dialogue...

The Saudi Data and Artificial Intelligence Authority (SDAIA) has entered into a strategic alliance with tech giant Samsung Electronics Co., aimed at fostering the growth of digital technology within the Kingdom. The partnership was officiated through a memorandum of understanding (MoU) that was signed amidst the fervor of the third LEAP technological conference in Riyadh.Held at the Riyadh International Convention...