Saudi Arabia’s $100bn tech investment shows global leadership on AI, says Microsoft executive
- Date: 09-May-2024
- Source: Arab News
- Sector:Technology
- Country:Saudi Arabia
Saudi Arabia’s $100bn tech investment shows global leadership on AI, says Microsoft executive
RIYADH: Saudi Arabia’s plan to invest $100 billion in technology is propelling the Kingdom to the forefront of innovation and talent development worldwide, said a senior Microsoft Arabia executive.
In February, the Kingdom launched Alat, a technology and artificial intelligence firm backed by the Public Investment Fund, with the aim of pouring funds into Saudi Arabia’s technological sector. Saudi Arabia’s $100bn tech investment shows global leadership on AI, says Microsoft executive