Saudi Arabia Announces $14.9 Billion in AI and Technology Investments at LEAP 25

Saudi Arabia is making bold strides to establish itself as a global hub for artificial intelligence and technology investments. On the first day of LEAP 25, the Kingdom unveiled a staggering $14.9 billion in investments spanning AI infrastructure, cloud computing, and advanced manufacturing. These strategic moves align with the country’s Vision 2030 plan to diversify its economy and solidify its position as a leader in the digital era.

Key Investment Highlights

Groq – $1.5 Billion

Groq is expanding its footprint in Saudi Arabia by launching the world’s largest AI inference node using its innovative LPUs (Language Processing Units) technology. This investment aims to boost AI-driven applications and solidify Saudi Arabia as a regional powerhouse for AI computing.

Google Cloud

Google Cloud is investing in Saudi Arabia’s digital infrastructure by launching a global AI hub in the Kingdom. This initiative will cater to both regional and international markets, further enhancing the nation’s cloud computing capabilities.

ALAT & Lenovo – $2 Billion

ALAT, in partnership with Lenovo, is set to establish an advanced manufacturing and technology center in Riyadh. This facility will focus on AI and robotics, reinforcing Saudi Arabia’s ambitions in industrial automation and smart technology solutions.

ALLAM & Qualcomm

A major AI-driven initiative will see the introduction of ALLAM AI PC and the integration of ALLAM AI language models onto Qualcomm’s AI chips, ensuring the development of cutting-edge AI-powered devices and solutions.

GDH & KKR – 300MW Data Center Capacity

Gulf Data Hub (GDH) and investment firm KKR are spearheading the expansion of Saudi Arabia’s AI infrastructure by developing 300 megawatts (MW) of data center capacity. This move strengthens the Kingdom’s status as a data hub for AI applications.

Alibaba Cloud

Alibaba Cloud is launching an AI Empowerment Program in Saudi Arabia, introducing its Qwen LLM and PAI platform on the Kingdom’s public cloud. This initiative will drive AI adoption across various industries.

Databricks – $300 Million

Databricks is fueling innovation by investing $300 million in Platform-as-a-Service (PaaS) solutions. This will support developers in building AI-powered applications and drive technological advancements in the region.

SambaNova Systems – $140 Million

SambaNova is establishing an advanced AI infrastructure in Saudi Arabia, focusing on large language models as a service. This will position the Kingdom as a major player in AI-driven innovation.

Additional Strategic Investments – $10.9 Billion

Beyond these high-profile partnerships, Saudi Arabia is committing $10.9 billion towards infrastructure, AI development, and startup funding rounds. Key players in this initiative include Tencent, Zoom, Equinix, and Datavolt, among others.

A New Era for AI and Tech in Saudi Arabia

The announcements at LEAP 25 mark a turning point in Saudi Arabia’s journey toward becoming a global AI leader. With major tech giants and AI pioneers investing in the region, the Kingdom is poised to revolutionize industries ranging from cloud computing to advanced robotics.

As these projects unfold, Saudi Arabia will undoubtedly cement its status as the regional hub for AI and technology; a move that will shape the future of innovation in the Middle East and beyond.

Stay tuned for more updates from LEAP 25 as we continue to track the latest developments in AI, cloud computing, and emerging technologies.