Saudi Digital Economy Expands Through Infrastructure and Global Tech Partnerships
Saudi Arabia has expanded its data center capacity to over 467 megawatts and attracted major cloud providers, driving national digital economy goals.
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Tag: AI Investment
Cisco AI Study Reveals Growing CEO Optimism and Investment Fears
A new Cisco survey of 2,500 CEOs shows rising optimism alongside growing fears of underinvesting in artificial intelligence.
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Amazon AI Revenue Tops $15 Billion Annually as AWS Chip Business Doubles
Amazon CEO Andy Jassy disclosed that AI services within AWS now generate over $15 billion annually, with the company committing $200 billion in capital expenditure for 2026.
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Saudi Arabia Designates 2026 as the Year of Artificial Intelligence
The Saudi Cabinet has designated 2026 as the Year of Artificial Intelligence, reinforcing the Kingdom’s push to become a global hub for data and AI technologies under Vision 2030.
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Nvidia Backs Thinking Machines Lab with Investment and 1-Gigawatt Compute Deal
Nvidia and Thinking Machines Lab have struck a multiyear deal to deploy at least 1 gigawatt of Vera Rubin compute power, alongside a direct investment in the Mira Murati-led AI startup.
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Middle East M&A Activity Surges 33% in 2025 with 635 Completed Deals
Middle East M&A activity surged 33% in 2025 to 635 completed deals, driven by intra-regional transactions and renewed foreign investment confidence.
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Future Minerals Forum Concludes Fifth Edition with Record 21,500 Participants and $26.6 Billion in Agreements
The Future Minerals Forum’s fifth edition in Riyadh attracted 21,500 participants and secured $26.6 billion in agreements, marking a milestone in global mining cooperation.
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Saudi Arabia’s Vision for AI: Leading the Intelligence Age for Global Prosperity
Discover how Saudi Arabia is transitioning from AI adoption to global leadership. Highlights from the WEF session featuring HE Alswaha and tech CEOs from Cisco and Qualcomm.
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