{"id":51690,"date":"2024-09-15T17:30:36","date_gmt":"2024-09-15T14:30:36","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=51690"},"modified":"2026-03-28T06:31:42","modified_gmt":"2026-03-28T03:31:42","slug":"stc-group-concludes-its-participation-in-the-global-ai-summit-with-strategic-agreements-and-launch-of-ai-lab","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/stc-group-concludes-its-participation-in-the-global-ai-summit-with-strategic-agreements-and-launch-of-ai-lab\/","title":{"rendered":"stc Group Concludes Its Participation in the Global AI Summit with Strategic Agreements and Launch of AI Lab"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Riyadh, September 15, 2024:<\/strong>&nbsp;stc Group, an enabler of digital transformation, concluded its participation in the Global AI Summit by signing a series of strategic agreements with Saudi Railways (SAR), King Abdullah University of Science and Technology (KAUST), Huawei, the Research, Development, and Innovation Authority, and SambaNova Systems.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">STC&#8217;s participation in the summit highlights its leadership role in driving digital transformation both locally and globally. It showcases its innovative solutions, products, and technologies and reaffirms its commitment to positioning Saudi Arabia as a leading digital hub in the Middle East.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The agreements aim to accelerate the group&#8217;s strategic objectives in various fields, including Artificial Intelligence, innovation, and digital transformation. Among these partnerships is a deal with Saudi Railways to enhance customer services through AI-based technological solutions that improve operations at all levels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Additionally, stc signed a strategic cooperation agreement with King Abdullah University of Science and Technology to establish a research center specializing in generative AI within the group. This center is the first of its kind in the region for R&amp;D and innovation in generative AI technology, leveraging the shared expertise of stc and the university in data and AI fields.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20242_ssict_1200_790.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"674\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20242_ssict_1200_790-1024x674.webp\" alt=\"STC GAIN event 20242_ssict_1200_790\" class=\"wp-image-51693\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20242_ssict_1200_790-1024x674.webp 1024w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20242_ssict_1200_790-300x198.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20242_ssict_1200_790-768x506.webp 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20242_ssict_1200_790-1080x711.webp 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20242_ssict_1200_790.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">stc also signed a cooperation agreement with Huawei in data, analytics, and AI fields to enhance STC&#8217;s digital capabilities, develop network infrastructure, support data-driven decision-making, and improve corporate operations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The partnerships also included an agreement with the Research, Development, and Innovation Authority to develop mechanisms to support and enable entrepreneurial projects, enhance research opportunities, and empower innovative ideas within future economic priorities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A strategic partnership agreement with SambaNova Systems was signed to deploy and expand the GenAI Sovereign Cloud within STC&#8217;s data centers, enhancing AI capabilities for cloud infrastructure and supporting advanced AI applications in the Kingdom.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During the summit, stc participated in several panel discussions to spread knowledge, including a &#8220;Decoding AI Strategies &#8221; session, which focused on enabling companies to engage responsibly with AI applications by balancing competitive advantage, resource efficiency, and ethical considerations. Another session titled &#8220;The Role of AI in Skills Enhancement and Innovation&#8221; discussed AI&#8217;s role in empowering employees and improving their skills according to labor market requirements and continuous learning through AI-driven innovation.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20241_ssict_1000_666.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1000\" height=\"666\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20241_ssict_1000_666.webp\" alt=\"STC GAIN event 20241_ssict_1000_666\" class=\"wp-image-51692\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20241_ssict_1000_666.webp 1000w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20241_ssict_1000_666-300x200.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/09\/STC-GAIN-event-20241_ssict_1000_666-768x511.webp 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">In the closing ceremony, stc Group received three awards, including recognition for its technical support and sponsorship of the summit as a digital enabler, an award for adopting AI ethics from the early stages, and a prize for solutions by stc, specializing in IoT products, under the innovation sponsorship category.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh, September 15, 2024:&nbsp;stc Group, an enabler of digital transformation, concluded its participation in the Global AI Summit by signing a series of strategic agreements with Saudi Railways (SAR), King Abdullah University of Science and Technology (KAUST), Huawei, the Research, Development, and Innovation Authority, and SambaNova Systems. STC&#8217;s participation in the summit highlights its leadership [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":51691,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":449,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[449],"tags":[],"class_list":["post-51690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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