The AI hub based in Dammam is set to increase the country’s GDP by around $71 billion in the next eight years. The partnership between PIF and Google Cloud aims to establish Saudi Arabia as a leading AI destination for local and international businesses. The collaboration will provide advanced computing capabilities with custom-built Google Cloud technology to support the growing demand for AI across industries. This partnership showcases Saudi Arabia’s potential as a major technology hub and aims to create highly-skilled jobs for Saudis while offering opportunities for global businesses. The AI hub will also offer digital upskilling programs to train millions of students and professionals in AI, aligning with Saudi’s vision of growing the ICT sector by 50%.

Person:
Yasir Al-Rumayyan, Ruth Porat

Company Names:
PIF, Google Cloud, Alphabet, Google

Titles:
Future Investment Initiative, AI Hub

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