Saudi Arabia invests $100 billion in the artificial intelligence project "Project Transcendence" to create AI infrastructure and attract talent 🌐

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Saudi Arabia plans to invest $100 billion in the artificial intelligence project "Project Transcendence," which will become part of the Vision 2030 program. The project will involve building AI infrastructure, attracting talent, and supporting startups. Project Transcendence competes with the UAE in AI and includes the creation of a national AI agency. The Saudi PIF fund is investing in the project and collaborating with Google, which will contribute between $5 and $10 billion to develop an Arabic large language model. Saudi Arabia aims to rank among the top 15 countries in AI adoption by 2029.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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