Middle East

Saudi Arabia’s artificial intelligence company starts business

The Saudi Company for Artificial Intelligence (SCAI), wholly owned by the Public Investment Fund (PIF), a Saudi-based sovereign wealth fund, launches a business to grow and develop artificial intelligence (AI) and emerging technology industries in Saudi Arabia. doing.

The company focuses on providing cutting-edge end-to-end solutions across different areas of AI. These apply to a wide range of both business and consumer use cases in the Kingdom’s priority sectors, such as energy and healthcare.

Dr. Abdullah Bin Sharaf Argamdi, President of SCAI, said: It sets the goal of Vision 2030 to diversify and grow the economy and improve the quality of life of Saudi Arabian citizens. “

SCAI CEO Ayman Al Rashid added that the company will be a key enabler to drive national AI goals and accelerate technology adoption in various sectors of the Kingdom. “The world is embracing the age of data and information, and AI is changing our lives rapidly. Saudi Arabia has invested in the foundation of this sector for the long-term sustainability of all stakeholders inside and outside the kingdom. It’s important to unleash the possible value, “he added.



https://gulfbusiness.com/saudi-company-for-artificial-intelligence-launches-operations/ Saudi Arabia’s artificial intelligence company starts business

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