Saudi Arabia Secures $15 Billion in AI Investments

Saudi Arabia continues to position itself as a global hub for artificial intelligence (AI) investments, securing $14.9 billion in strategic partnerships and AI-related infrastructure projects at the fourth edition of the LEAP 2025 technology conference.

The new investments include over $10.9 billion allocated to AI infrastructure and startup initiatives, reflecting the Kingdom’s commitment to advancing technology and innovation.

Saudi Arabia’s AI and technology sector has seen rapid growth, with the number of skilled professionals rising from 150,000 to 381,000, reinforcing its leadership in digital transformation.

The Kingdom now represents 50% of the Middle East’s AI-driven economic growth, as the regional technology sector expands at an unprecedented 73% growth rate, reaching a value of $260 billion.

Minister of Communications and Information Technology Abdullah Al-Swaha emphasized the nation’s role in bridging the digital divide, empowering women in tech, and fostering innovation.

Crown Prince Mohammed bin Salman has placed AI, cloud computing, and entrepreneurship at the center of Saudi Arabia’s Vision 2030, aiming to close digital gaps and create a globally competitive tech ecosystem.

Aramco’s Chief Technology and Innovation Officer, Ahmed Al-Khowaiter, highlighted the company's growing reliance on AI and big data to enhance operational efficiency, predict equipment health, and minimize downtime.

Aramco is also investing in carbon capture, renewable energy, and sustainable AI solutions to support long-term environmental goals.

Meanwhile, Minister of Human Resources and Social Development Ahmed Al-Rajhi launched new digital transformation initiatives to improve government services and enhance user accessibility, further aligning with Saudi Vision 2030’s digital innovation goals.

Saudi Arabia’s LEAP Conference has consistently attracted increasing investments, from $6.4 billion in 2022 to $11.9 billion in 2024, signaling strong global confidence in the Kingdom’s AI sector.

With this latest $14.9 billion influx, Saudi Arabia solidifies its status as a key player in the future of artificial intelligence and digital transformation.