To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower

 

To the Future’: Saudi Arabia Spends Big to Become an A.I. Superpower

 

 

The oil-rich kingdom is involved in an intensifying battle between the United States and China for technological influence because it is investing money in extravagant events, computing power, and research into artificial intelligence. Saudi Arabia, which has a lot of oil, is making a lot of money in technology, throwing extravagant events, and funding research into computing power and artificial intelligence.

This is part of an effort to complement its oil dominance with a tech industry, putting the country in the middle of the intensifying competition for technological influence between the United States and China. The Jump tech gathering, held in the desert outside Riyadh, pulled in excess of 200,000 participants, including chiefs from Amazon, Google, and TikTok, and saw more than $10 billion in bargains. Adam Selipsky, CEO of Amazon's cloud computing division, made the announcement at the conference about a $5.3 billion investment in Saudi Arabia for artificial intelligence technology and data centers.

IBM's President, Arvind Krishna, discussed a "lifetime companionship" with the realm, and leaders from Huawei and many different firms made discourses. The occasion represents Saudi Arabia's forceful push to turn into a worldwide tech player, utilizing its abundance to draw in significant tech organizations and speculations.

Location: Dallas, TX, USA

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