Saudi Arabia eyeing AI future ahead of G20 summit

JEDDAH: Saudi Arabia will be a global artificial intelligence (AI) leader by 2030, a prominent Saudi expert has said. Dr. Abdullah bin Sharaf Al-Ghamdi, president of the Saudi Data and Artificial Intelligence Authority (SDAIA), made the comments during a media briefing on shaping new frontiers at the International Media Center in Riyadh ahead of the G20 Leaders' Summit. Last year, the authority developed the Estishraf Platform, an AI-based platform that utilizes data to create diversified insights and respond to the top priorities of decision-makers in Saudi Arabia. "Through this platform we were able to earn revenues amounting to SR43 billion ($11.5 billion), only in 2019," said Al-Ghamdi. "Undoubtedly, this is an excellent indicator for the great opportunities the national economy is waiting for after AI has become a knowledge-based economy."