Saudi Arabia declares 2026 the Year of Artificial Intelligence — TradingView News

Saudi Arabia declares 2026 the Year of Artificial Intelligence — TradingView News

Saudi Arabia declares 2026 the Year of Artificial Intelligence — TradingView News

https://www.tradingview.com/news/reuters.com,2026-03-15:newsml_Zaw1Mf9y3:0-zawya-pressr-saudi-arabia-declares-2026-the-year-of-artificial-intelligence/

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.