Saudi Arabia spent $100 billion to launch the Project Transcendence, aiming to build Saudi Arabia into a world-leading artificial intelligence technology center, competing with regional competitors such as the UAE. The plan covers data center construction, startup support and investment in other related infrastructure, and strives to attract top global talents and promote the comprehensive development of the Saudi science and technology ecosystem. This move is widely seen as an important strategic deployment in which Saudi Arabia actively responds to the global development trend of artificial intelligence and seeks to dominate the field of science and technology.
Saudi Arabia reportedly plans to launch a new artificial intelligence project called Project Transcendence, with a total investment of up to $100 billion. This move aims to build Saudi Arabia into a globally competitive science and technology center, striving to compete with the UAE's scientific and technological development level.
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The project will be driven by state-backed entities, focusing on investment in data centers, startups and other related infrastructure to promote the booming AI. Saudi Arabia hopes to attract global talents through this plan, enhance the domestic technology ecosystem, and encourage technology companies to invest and develop in Saudi Arabia.
The concept of "Beyond the Plan" is similar to Alat, a sustainable manufacturing focus funded by Saudi Public Investment Fund, said people familiar with the matter. Crown Prince Mohammed bin Salman will serve as chairman of the project and seek to invest in cooperation with large international companies. This shows that Saudi Arabia not only hopes to promote its own technological progress, but is also actively seeking cooperation with international technology giants to enhance its influence in the field of science and technology.
As global emphasis on smart technology deepens, Saudi Arabia's investment plan is seen as an important measure to respond to this trend. In the future, Saudi Arabia's investment in the field of artificial intelligence will not only be limited to infrastructure construction, but also include the attraction and cultivation of scientific and technological talents, thereby establishing a healthy science and technology industry ecosystem.
Key points:
Saudi Arabia plans to invest $100 billion to launch the "Beyond Plan" aimed at building a globally competitive artificial intelligence technology center.
The project will focus on infrastructure such as data centers and start-ups to attract global scientific and technological talents and enterprises.
Saudi Arabia's move is seen as an important strategy to respond to the global development trend of artificial intelligence and may change the science and technology landscape in the Middle East.
The grand investment scale and strategic goals of "Beyond the Plan" indicate that Saudi Arabia will play a more important role in the field of artificial intelligence, and its future development deserves continuous attention. This huge investment will not only promote Saudi Arabia's own technological progress, but may also have a profound impact on the global artificial intelligence industry structure.