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LEAP 2025 starts in Riyadh, unveiling $14.9bn in AI Investments - Gulf Business

SPA · May 30

LEAP 2025 has begun in Riyadh, Saudi Arabia, featuring significant announcements regarding investments in Artificial Intelligence. The event revealed plans for $14.9 billion in new investments dedicated to various AI initiatives and projects across the Kingdom. These funds are poised to accelerate the development of Saudi Arabia's AI ecosystem and foster innovation within the sector. Why it matters: This substantial financial commitment underscores Saudi Arabia's strategic focus on becoming a global leader in AI technology, attracting talent and driving economic diversification.

LEAP 2025 starts in Riyadh, unveiling $14.9bn in AI Investments - Gulf Business

SPA · Mar 14

LEAP 2024 in Riyadh saw the unveiling of $14.9 billion in investments related to artificial intelligence. The investments span various sectors, with the goal of positioning Saudi Arabia as a leading technology hub. Details on specific initiatives and beneficiaries were highlighted during the event. Why it matters: This substantial financial commitment underscores the Kingdom's strategic focus on AI development and deployment across its economy.

KAUST faculty honored with RDIA Excellence Awards

KAUST · Mar 18

KAUST recognized seven faculty members with RDIA Excellence Awards at LEAP 2025 and COP16 for contributions to Saudi Vision 2030. Awardees include Prof. Bernard Ghanem for AI, Prof. Carlos Duarte for marine science, and Prof. Mohamed Slim Alouini for communications. Their work advances AI, marine ecosystems, and digital inclusion within the Kingdom. Why it matters: The awards highlight KAUST's strategic role in driving research and innovation aligned with Saudi Arabia's national priorities in technology and sustainability.