Saudi Arabia: SDAIA, NTDP Launch Groundbreaking AI Accelerator

GAIA 10-week accelerator program at King Abdulaziz City for Science and Technology in Riyadh seeks to enhance the Kingdom’s scientific status and pioneering position in AI. SPA
GAIA 10-week accelerator program at King Abdulaziz City for Science and Technology in Riyadh seeks to enhance the Kingdom’s scientific status and pioneering position in AI. SPA
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Saudi Arabia: SDAIA, NTDP Launch Groundbreaking AI Accelerator

GAIA 10-week accelerator program at King Abdulaziz City for Science and Technology in Riyadh seeks to enhance the Kingdom’s scientific status and pioneering position in AI. SPA
GAIA 10-week accelerator program at King Abdulaziz City for Science and Technology in Riyadh seeks to enhance the Kingdom’s scientific status and pioneering position in AI. SPA

The Saudi Data and Artificial Intelligence Authority (SDAIA) and the National Technology Development Program (NTDP), in cooperation with New Native Inc., launched Tuesday GAIA, the world’s first generative artificial-intelligence (AI) early-stage accelerator program in the Middle East and North Africa (MENA) region.

GAIA 10-week accelerator program at King Abdulaziz City for Science and Technology in Riyadh seeks to enhance the Kingdom’s scientific status and pioneering position in AI and targets the entrepreneurship sector and technology startups with coaching sessions and training on mechanisms to transform innovative ideas into successful Al-driven businesses.

GAIA accelerator program aims to shed light on the Kingdom’s pioneering AI roles and creating 300 new Al companies within 36 months. It also will work to create a community for local and international AI start-ups, where they can exchange expertise and enhance cooperation.



Beijing Bourse Plans to Help Smaller Tech Companies to List

Beijing Bourse Plans to Help Smaller Tech Companies to List
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Beijing Bourse Plans to Help Smaller Tech Companies to List

Beijing Bourse Plans to Help Smaller Tech Companies to List

The Beijing Stock Exchange will help small and medium-sized tech companies with training and access to finance so they can list on the bourse, it said on Sunday, as part of government plans to foster innovation.
The stock exchange said its action plan would help SMEs, which are not profitable but have potential, to obtain financing from banks and market institutions, and it will also provide training and support.
The bourse will also encourage listed companies as well as the newer SMEs to carry out merger and acquisitions and enhance listings through instruments including ordinary shares, preferred shares and convertible bonds.
It will encourage policy institutions and market institutions to provide credit enhancement support, it said.