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Saudi Arabia Is Turning Oil into AI Gold: Power Plans, Energy Mix, and Budget Dynamics

Saudi Arabia, the world’s oil titan, is leveraging its vast petroleum wealth to fuel an ambitious pivot toward artificial intelligence (AI) and technological innovation. As part of its Vision 2030 initiative, the Kingdom aims to diversify its economy, reduce oil dependency, and position itself as a global AI powerhouse. This transformation hinges on massive investments in electricity production, a diversified energy mix, and navigating fiscal ch…
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energynewsbeat.co broke the news in on Tuesday, June 3, 2025.
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