Saudi Arabia and World Bank to bring AI to developing nations

  • Date: 22-Oct-2020
  • Source: Arab News
  • Sector:Economy
  • Country:Saudi Arabia
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Saudi Arabia and World Bank to bring AI to developing nations

DUBAI: Saudi Arabia launched a national strategy on Wednesday to become a global leader in artificial intelligence (AI) and data by 2030, attracting more than $20 billion in foreign and local investments.

"Saudi Arabia wants to set the best example globally in using AI for the development of a nation,“ Abdullah Bin Sharaf Alghamdi, president of the Saudi Data and AI Authority, said during his opening speech at the Global AI Summit announcing the launch of the National Strategy for Data and AI.

Alghamdi also touched on the Kingdom's other AI and data ambitions for 2030 including training 20,000 data and AI specialists, and attracting the creation of 300 active data and AI startups.

"The strategy aims to make Saudi Arabia the place where the best of data and artificial intelligence is made