US EditionSaudi Arabia announces $14.9bn tech investments, DeepSeek opens in Gulf
- Saudi Arabia announced technology investments and strategic partnerships worth $14.9 billion at the Leap Technology Conference in Riyadh on February 9, marking a significant expansion of the kingdom's artificial intelligence and digital infrastructure.
- The Ministry of Communications and Information Technology stated that $10.9 billion will be directed toward AI infrastructure and startup funding, while Groq will invest $1.5 billion to establish the world's largest AI-focused data center in the kingdom.
- DeepSeek has begun operating through Aramco Digital's data centers in Dammam, Saudi Arabia, marking another significant development in the kingdom's expanding AI infrastructure, as announced on February 9 at the conference.
- Communications Minister Abdullah Al-Swaha noted that Saudi Arabia's digital economy has grown 73% to reach $260 billion, with Saudi Arabia representing 15% of this market, positioning the kingdom as a primary destination for AI enterprises and startups.
14 Articles
14 Articles
LEAP 2025 Announces $14.9B AI Investment - TECHx Media LEAP 2025 Announces $14.9B AI Investment
LEAP 2025, Saudi Arabia’s premier tech event, kicks off with a groundbreaking announcement of $14.9 billion in AI investments, further establishing the Kingdom as a global leader in artificial intelligence. The announcement, made on the first day at the Riyadh International Exhibition and Convention Centre in Malham, pushes Saudi Arabia's technology-related infrastructure investments beyond $42.4 LEAP 2025, Saudi Arabia’s premier tech event, kick
Groq Secures $1.5 Billion Saudi Investment to Expand AI Chip Reach
Groq secures $1.5 billion from Saudi Arabia to accelerate AI chip development and deployment. Partnership with Aramco Digital has already resulted in the launch of an AI innovation hub in the region. Saudi Arabia commits $14.9 billion to AI at the LEAP 2025 conference, reinforcing its push into advanced technology. Saudi Arabia has invested $1.5 billion in AI chipmaker Groq, marking a significant step in the nation’s ambitious push into artifici…
SAUDI ARABIA SECURES $14.9B IN AI INVESTMENTS AT LEAP 25
Mon 10 February 2025: The fourth edition of the LEAP 25 tech conference kicked off Sunday in Saudi Arabia’s capital, Riyadh, with the first day seeing the attraction of major investments and strategic partnerships exceeding a total value of $14.9 billion in infrastructure and artificial intelligence (AI). In a statement on its official website, the […]
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
