Saudi Arabia declares 2026 the Year of Artificial Intelligence — TradingView News
Saudi Arabia declares 2026 the Year of Artificial Intelligence — TradingView News
Publish Date: 2026-03-15 07:10:00
Source Domain: www.tradingview.com
- 2026 Designated as the Year of Artificial Intelligence: The Saudi Cabinet has officially designated 2026 as the “Year of Artificial Intelligence” in alignment with Vision 2030.
- Strategic Importance: This initiative aims to enhance Saudi Arabia’s position as a global hub for advanced technologies and data innovation.
- Support for Economic Development: The move emphasizes accelerating the adoption of AI and advanced technologies to support economic growth and improve key sectors’ efficiency.
- Role of SDAIA: The Saudi Data and Artificial Intelligence Authority (SDAIA) is pivotal in creating a national ecosystem that facilitates both public and private sectors in utilizing modern technologies to achieve Vision 2030 goals.
- Desert Technologies Commitment: Khaled Ahmed Sharbatly, CEO of Desert Technologies, highlighted the company’s efforts to build advanced data centers and localize technology, supporting economic future infrastructure.
- Global Rankings Progress: SDAIA’s National Strategy for Data and Artificial Intelligence has led to Saudi Arabia ranking 14th globally, 3rd in the OECD AI Policy Observatory, and leading in Arab world AI model development.
- Robust Growth in AI Sector: The AI sector has seen substantial growth, including a 56.25% increase in government spending on AI and emerging technologies in 2024, with $9.1 billion invested in over 70 deals and more than 664 companies operating in AI and data sectors.
- Future Outlook: The declaration signifies the Kingdom’s strong commitment to innovation and advanced digital infrastructure, aiming to bolster future economic frameworks.