SDAIA Concludes GAIN Summit in Riyadh with Local, Int’l Agreements

The summit included panel discussions and workshops featuring experts from various sectors and global companies specialized in AI applications. SPA
The summit included panel discussions and workshops featuring experts from various sectors and global companies specialized in AI applications. SPA
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SDAIA Concludes GAIN Summit in Riyadh with Local, Int’l Agreements

The summit included panel discussions and workshops featuring experts from various sectors and global companies specialized in AI applications. SPA
The summit included panel discussions and workshops featuring experts from various sectors and global companies specialized in AI applications. SPA

The third edition of the Global AI Summit (GAIN Summit), organized by the Saudi Data and Artificial Intelligence Authority (SDAIA) from September 10 to 12 at the King Abdulaziz International Conference Center in Riyadh brought together hundreds of specialists and enthusiasts in artificial-intelligence (AI) technologies and applications worldwide under the theme "Artificial Intelligence for the Good of Humanity."

AT the summit, SDAIA President Dr. Abdullah bin Sharaf Al-Ghamdi highlighted the Saudi leadership's commitment, under the guidance of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Chairman of the SDAIA Board of Directors, to position Saudi Arabia as a leader in the field of AI.

The summit included panel discussions and workshops featuring experts from various sectors and global companies specialized in AI applications. The sessions unveiled the latest developments in the field, emphasizing that innovations in AI have far-reaching impacts not just technologically but also on geopolitical, political, and legislative domains. Furthermore, it was stressed that developments in AI should align with sustainable development and equality in education.

Several AI initiatives, programs, and products were unveiled during the summit, and agreements and memoranda of understanding (MoUs) were signed to bolster its applications and development within the Kingdom.

The third edition of the GAIN Summit concluded with a speech by National Information Center Director Dr. Esam bin Abdullah Al-Wagait, who highlighted the participation of 465 speakers and participants from over 100 countries and how the summit explored the latest developments shaping the future of AI.

Moreover, he underscored the global significance of announcements made during the summit, such as the work of the United Nations (UN) High-Level Advisory Body on Artificial Intelligence, the partnership of the UN International Telecommunication Union (ITU) with the Kingdom to develop a global framework for AI readiness, and the announcement of the Riyadh Charter on Artificial Intelligence for the Islamic World issued by the Islamic World Educational, Scientific and Cultural Organization (ICESCO) in collaboration with the Organization for Economic Co-operation and Development (OECD) on the Observatory on Artificial Intelligence.

Al-Wagait also highlighted important AI projects that emerged during the summit, including the Arabic Large Language Model (ALLaM), aimed at developing the best large Arabic language model in the world, and the cooperation with NVIDIA to expand the scope of AI infrastructure using 5,000 graphics processing units. Additionally, educational integration initiatives were announced, such as cooperation with the Ministry of Education to integrate the ALLaM Model into the Kingdom's education system, providing support tools for teachers and leveraging AI technology for self-learning.



Madinah Investment Forum to Kick Off on Sunday

Madinah Investment Forum to Kick Off on Sunday
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Madinah Investment Forum to Kick Off on Sunday

Madinah Investment Forum to Kick Off on Sunday

The Madinah Investment Forum, organized by Al-Madinah Al-Munawwarah Chamber under the theme "Invest in Madinah", will start on Sunday and run for two days.
The forum consists of a diverse range of programs, events, and four specialized dialogue sessions focusing on key aspects of the national investment strategy. It will host 18 speakers and more than 40 entities, and present 200 investment opportunities, valued at over SAR57 billion, in more than ten targeted sectors, SPA reported.
The event will highlight Madinah's significant achievements and showcase development and investment projects in the region. It will explore promising investment sectors, comparative and competitive advantages, and the region's potential to support investment growth. Key areas of focus include hospitality, logistics, agriculture, and real estate.
The forum's objectives include identifying investment opportunities in Madinah, fostering investment partnerships, attracting new investments, and introducing financing solutions and business sector services for major development projects.
The event is aimed at a broad audience, including local and international investors, government agencies, development organizations, private sector representatives, investment agencies, financial institutions, consulting firms, and professional service providers.