Saudi venture investments in artificial intelligence eclipse $9.1 billion across Vision 2030 sectors
Sovereign matching funds, corporate venture arms, and global accelerators catalyze a record funding cycle for domestic deep-tech innovators.
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CITRA Kuwait launches regulatory sandbox for autonomous telecommunications and edge AI
The communications regulator enables telecom operators and startups to pilot private 5G edge computing and autonomous drone operations.
HUMAIN and stc extend agreement for Saudi AI data-centre venture
The six-month extension gives the parties more time to complete regulatory, operational and commercial requirements for the proposed joint venture.
HUMAIN and Saudi infrastructure fund agree framework for up to $1.2bn AI expansion
The non-binding framework could support up to 250MW of AI data-centre capacity and a future investment platform for Saudi infrastructure.