Saudi Arabia launches $100 Billion AI initiative to lead in global tech

Saudi Arabia has announced a 100 billion USD initiative aimed at establishing itself as a major player in artificial intelligence, data analytics, and advanced technology. The program, known as Project Transcendence, marks a significant push by the Kingdom to develop a robust AI ecosystem that can rival leading tech hubs, including neighbouring United Arab Emirates and other global technology centers.

This unprecedented investment will focus on building state-of-the-art data centers, sup...

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