Saudi Arabia has announced investments in the AI sector amounting to $14.9 billion

LEAP 2025, a technology exhibition, has kicked off in Saudi Arabia. Investments in the country's AI sector from companies across various nations will total approximately $14.9 billion. These investments will accelerate the development of the technology sector and speed up the transition to an AI-driven innovative economy, in line with the goals of the "Vision 2030" program, which aims to reduce the country's dependence on fossil fuel extraction.

Groq and Aramco Digital announced investments of $1.5 billion to expand AI-based cloud computing, positioning Saudi Arabia as a leader in AI. The companies plan to build the world's largest AI center based on Groq accelerators in the country. Lenovo and Alat, owned by the Saudi Public Investment Fund, confirmed plans to invest $2 billion in an advanced AI and robotics manufacturing center and Lenovo's regional headquarters in Riyadh.

Google plans to create an AI infrastructure center in Saudi Arabia to meet regional and international demand for AI services. Previously, it was announced that AWS plans to spend $5.3 billion to establish a new cloud region by 2026, as well as assist in training local developers. Aramco Digital, Armada, and Microsoft plan to launch containerized data centers for edge computing in Saudi Arabia. By the end of 2024, Microsoft had already built three data centers there, with $2.1 billion in investments announced two years ago.

Databricks is allocating $300 million for Platform-as-a-Service solutions, supporting application developers and contributing to the development of data engineering expertise in the country. SambaNova will invest $140 million in developing advanced AI infrastructure, strengthening Saudi Arabia's role as a regional innovation hub. KKR and Gulf Data Hub announced significant investments in data center development, adding up to 300 MW of new capacity.
Salesforce is investing $500 million to expand its Hyperforce platform in Saudi Arabia to serve regional customers. Tencent Cloud will direct $150 million toward launching its cloud region with integrated AI capabilities. Alibaba Cloud is launching an AI empowerment program in the country in collaboration with Tuwaiq Academy and STC to train local talents in advanced technologies. Finally, Qualcomm announced the availability of the large language model ALLaM on the Qualcomm Cloud AI platform and unveiled the ALLaM AI PC solution for developers.

Source: servernews.ru