How Saudi Arabia Is Looking To Develop & Integrate Artificial Intelligence In Its Economy


Yet another country has gone to release the potential of artificial intelligence to fuel its economic growth plans. One of the largest oil manufacturing nations, Saudi Arabia, has now formulated and launched a nation-wide policy on AI. The project has been signed with approval from King Salman and aims to add the market value of up to 500 billion riyals (US$133 billion) in the country's GDP by 2030. The policy formulation had begun last year when the Saudi Data and Artificial Intelligence Authority (SDAIA) was established through a royal decree in August 2019 to lead the charge of the nation's transformation into a data-driven economy. Besides, the body is working on implementing a cloud platform, intending to build one of the biggest cloud frameworks in the Middle East by connecting 83 data centres controlled by over 40 government bodies.

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