{"id":71641,"date":"2024-11-08T10:55:53","date_gmt":"2024-11-08T15:55:53","guid":{"rendered":"https:\/\/mascolombia.com\/vision-2030-saudi-arabia-seeks-to-become-an-artificial-intelligence-powerhouse\/"},"modified":"2025-01-30T10:31:36","modified_gmt":"2025-01-30T15:31:36","slug":"vision-2030-saudi-arabia-seeks-to-become-an-artificial-intelligence-powerhouse","status":"publish","type":"post","link":"https:\/\/mascolombia.com\/en\/vision-2030-saudi-arabia-seeks-to-become-an-artificial-intelligence-powerhouse\/","title":{"rendered":"Vision 2030: Saudi Arabia seeks to become an artificial intelligence powerhouse"},"content":{"rendered":"\n<p>Saudi Arabia is betting on artificial intelligence to diversify its economy, reduce its dependence on fossil fuels and compete with the UAE technology conglomerate.<\/p>\n\n\n\n<p>Through \u201cProject Transcendence,\u201d the kingdom has announced an ambitious investment plan of up to USD $100 billion to become a global leader in technology and advance the realization of its Vision 2030.<\/p>\n\n\n\n<p>This strategy aims not only to establish a center for innovation in artificial intelligence, but also to attract technology companies, develop local talent and create high-level infrastructures. These goals are in line with the global trend of betting on technology and promoting the development and application of artificial intelligence in different sectors. If you appreciate this fusion between technology and entertainment, consider <a href=\"https:\/\/www.yaplix.com\/blackjack\" target=\"_blank\" rel=\"noopener\">Free Play Free Blackjack Card Game Online<\/a>.<\/p>\n\n\n\n<p>You may read: <a href=\"https:\/\/mascolombia.com\/en\/colombias-dollar-price-fiscal-uncertainty-and-u-s-elections-drive-up-the-price-of-the-dollar\/\"><strong>Colombia\u2019s dollar price: fiscal uncertainty and U.S. elections drive up the price of the dollar<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Project Transcendence<\/h2>\n\n\n\n<p>The \u201cTranscendence Project\u201d is the centerpiece of the Saudi effort in artificial intelligence, with funding backed by the kingdom\u2019s Public Investment Fund (PIF). This project seeks to build a self-sustaining technology ecosystem focused on state-of-the-art data centers, robust infrastructure and startups.<\/p>\n\n\n\n<p>One of the prominent strategies of \u201cProject Transcendence\u201d is its focus on collaborating with tech giants. Talks have been reported between PIF and Alphabet, Google\u2019s parent company, for an initial investment that could range from USD $5 billion to $10 billion.<\/p>\n\n\n\n<p>Through this collaboration, the hope is to advance the development of Arabic-language artificial intelligence models by adapting technologies such as Google Cloud\u2019s Gemini for applications in the Arab world.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/mascolombia.com\/wp-content\/uploads\/2024\/11\/arabia-saudita-potencia-inteligencia-artificial.1-1024x683.jpg\" alt=\"Saudi Arabia, artificial intelligence, mecca, M\u00e1s Colombia\" class=\"wp-image-70319\" title=\"\"><figcaption class=\"wp-element-caption\">  <\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Vision 2030: Artificial intelligence as a pillar of Saudi Arabia\u2019s economy<\/h2>\n\n\n\n<p><a href=\"https:\/\/www.vision2030.gov.sa\/en\" rel=\"nofollow noopener\" target=\"_blank\">Vision 2030<\/a> is Saudi Arabia\u2019s plan to diversify its economy and decrease its dependence on oil. Under this strategy, the government seeks to establish the country among the 15 leaders in AI by 2030.<\/p>\n\n\n\n<p>In addition, the kingdom plans to adopt artificial intelligence domestically in the coming years and export it from 2030 onwards. In recent years, specific ministries have been established for this purpose, as well as dedicated research centers that have already produced advanced language models similar to OpenAI\u2019s ChatGPT.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/mascolombia.com\/wp-content\/uploads\/2024\/01\/convocatoria-para-el-comite-de-expertos-en-inteligencia-artificial-1-1024x683.jpg\" alt=\"chatgpt, artificial intelligence, M\u00e1s Colombia\" class=\"wp-image-41723\" title=\"\" srcset=\"https:\/\/mascolombia.com\/wp-content\/uploads\/2024\/01\/convocatoria-para-el-comite-de-expertos-en-inteligencia-artificial-1-1024x683.jpg 1024w, https:\/\/mascolombia.com\/wp-content\/uploads\/2024\/01\/convocatoria-para-el-comite-de-expertos-en-inteligencia-artificial-1-300x200.jpg 300w, https:\/\/mascolombia.com\/wp-content\/uploads\/2024\/01\/convocatoria-para-el-comite-de-expertos-en-inteligencia-artificial-1-768x512.jpg 768w, https:\/\/mascolombia.com\/wp-content\/uploads\/2024\/01\/convocatoria-para-el-comite-de-expertos-en-inteligencia-artificial-1.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">  <\/figcaption><\/figure>\n\n\n\n<p>You may also read:<a href=\"https:\/\/mascolombia.com\/en\/fta-with-the-european-union-possibilities-for-renegotiation\/\"><strong> FTA with the European Union: Possibilities for renegotiation<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Diversification and technology-based economy<\/h2>\n\n\n\n<p>The development of an artificial intelligence hub in Saudi Arabia is part of a key economic diversification strategy for the country. By exploring areas such as telecommunications, robotics and video games.<\/p>\n\n\n\n<p>Saudi Arabia is seeking to transform its traditionally oil-centric economy into a knowledge economy. In addition to \u201cProject Transcendence,\u201d Saudi Arabia has collaborated with Qualcomm to develop the Internet of Things (IoT) and with Intel to establish an Open RAN center.<\/p>\n\n\n\n<p>Saudi Arabia\u2019s strategic agreements, such as the one reached with Google Cloud in the eighth edition of the Future Investment Initiative (FII8), highlight its focus on digital technologies. This agreement aims to create an artificial intelligence center in Dammam province that will contribute to the development of local talent and enable the country\u2019s ICT sector to grow by 50%. <\/p>\n\n\n\n<p>The center has the potential to add up to USD $71 billion to the Saudi economy over eight years, according to an Access Partnership study commissioned by Google Cloud.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/mascolombia.com\/wp-content\/uploads\/2024\/11\/lo-que-necesita-saber-sobre-crowdfunding-2-1024x683.jpg\" alt=\"Artificial intelligence, Saudi Arabia, M\u00e1s Colombia\" class=\"wp-image-70322\" title=\"\"><figcaption class=\"wp-element-caption\">  <\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The potential of the artificial intelligence market in Arabic<\/h2>\n\n\n\n<p>One of the key objectives of the \u201cTranscendence Project\u201d is the creation of AI models specific to the Arabic language. In a context where most AI models are developed in English, adapting this technology to Arabic represents a crucial competitive advantage for Saudi Arabia. With language models and algorithms in its native language, the kingdom is well positioned to serve the needs of markets in the Middle East and North Africa.<\/p>\n\n\n\n<p>In addition to facilitating the adoption of AI in local industries, creating models in Arabic will enable local companies, researchers and developers to create advanced AI applications that understand and generate text in their own language. This capability is essential not only for commercial applications, but also for the development of systems that can analyze large amounts of government and social data.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The role of artificial intelligence in the energy transformation<\/h2>\n\n\n\n<p>Although Saudi Arabia is a world leader in oil production, the country is also committed to reducing its carbon footprint and exploring renewable energy. A crucial point in the Saudi strategy is how the expansion of artificial intelligence will dovetail with its sustainability and carbon reduction goals.<\/p>\n\n\n\n<p>The artificial intelligence projects, which include the Google Cloud hub, have a reliable renewable energy supply in mind, reinforcing Saudi Arabia\u2019s commitment to a sustainable energy transition.<\/p>\n\n\n\n<p>Despite these efforts, Google has faced questions about whether its new partnership with the kingdom could conflict with its policy of not developing algorithms for the fossil fuel industry. According to Google, the current agreement is in line with its sustainability commitments, although this remains a matter of debate.<\/p>\n\n\n\n<blockquote class=\"wp-embedded-content\" data-secret=\"POJnq9GpbJ\"><a href=\"https:\/\/mascolombia.com\/en\/colombian-exports-fall-in-august-2024-these-are-the-most-affected-sectors\/\">Colombian exports fall in August 2024: these are the most affected sectors<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Colombian exports fall in August 2024: these are the most affected sectors&#8221; &#8212; M\u00e1s Colombia\" src=\"https:\/\/mascolombia.com\/en\/colombian-exports-fall-in-august-2024-these-are-the-most-affected-sectors\/embed\/#?secret=rRJRbttKYu#?secret=POJnq9GpbJ\" data-secret=\"POJnq9GpbJ\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia is looking to transform itself into an artificial intelligence powerhouse, with major investment focused on infrastructure, startups and local talent.<\/p>\n","protected":false},"author":1,"featured_media":69277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_focus_keyword":"artificial intelligence","rank_math_title":"","rank_math_description":"","rank_math_primary_category":"767","footnotes":""},"categories":[767],"tags":[1281],"mc_distribution":[686,989],"class_list":["post-71641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","tag-articulo-en","mc_distribution-colombianos-en-el-exterior","mc_distribution-suscriptores-generales"],"acf":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/posts\/71641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/comments?post=71641"}],"version-history":[{"count":0,"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/posts\/71641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/media\/69277"}],"wp:attachment":[{"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/media?parent=71641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/categories?post=71641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/tags?post=71641"},{"taxonomy":"mc_distribution","embeddable":true,"href":"https:\/\/mascolombia.com\/en\/wp-json\/wp\/v2\/mc_distribution?post=71641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}