Saudi Arabia Earns Top Marks in Global AI Index for National Strategy 

Established in 2019, SDAIA serves as the national authority for all matters related to data (including big data) and AI, providing a centralized hub for its organization, development, and implementation. 
Established in 2019, SDAIA serves as the national authority for all matters related to data (including big data) and AI, providing a centralized hub for its organization, development, and implementation. 
TT

Saudi Arabia Earns Top Marks in Global AI Index for National Strategy 

Established in 2019, SDAIA serves as the national authority for all matters related to data (including big data) and AI, providing a centralized hub for its organization, development, and implementation. 
Established in 2019, SDAIA serves as the national authority for all matters related to data (including big data) and AI, providing a centralized hub for its organization, development, and implementation. 

The Stanford University International AI Index for 2024 ranked Saudi Arabia among the leading nations globally for developing a national strategy on Artificial Intelligence (AI). This comprehensive resource, valuable for policymakers, researchers, and industry specialists, provides insights into the current state and future trajectory of AI, reported the Saudi Press Agency on Wednesday.

This recognition reflects the Kingdom's commitment to leveraging data and AI technologies. Under the guidance and support of Prince Mohammed bin Salman bin Abdulaziz Al-Saud, Crown Prince, Prime Minister, and Chairman of the Saudi Data and Artificial Intelligence Authority (SDAIA) board of directors, the Kingdom is harnessing these powerful and transformative technologies for the betterment of humanity, while promoting a global framework for international cooperation in the field of AI.

Saudi Arabia's strong positioning in the AI and data domain underscores the success of Vision 2030, a national transformation plan where AI plays a pivotal role. Approximately 70% of the goals of Vision 2030 are directly or indirectly tied to AI, propelling the Kingdom toward a leading position in global AI rankings.

Established in 2019, SDAIA serves as the national authority for all matters related to data (including big data) and AI, providing a centralized hub for its organization, development, and implementation.

The latest accomplishment builds on Saudi Arabia's previous achievements in the AI realm. In 2023, the Kingdom secured the top spot in the Government Strategy Index for Artificial Intelligence, in the global AI classification issued by Tortoise Intelligence, which evaluates over 60 countries. Stanford University International AI Index 2023 ranked Saudi Arabia second globally in public awareness about AI.

These global accolades align with SDAIA's tireless efforts to solidify Saudi Arabia's position as a global leader in data and AI. Its multifaceted approach includes capacity building, policy development, fostering investment and innovation, strengthening technical infrastructure, and promoting the adoption of AI solutions in priority areas aligned with national objectives.

SDAIA is dedicated to achieving a set of strategic goals, including continuous modernization of the national data and AI agenda, and ensuring its successful implementation at the national level. Its steadfast commitment paves the way for Saudi Arabia to become a frontrunner in the information, data, and AI-driven economies of the future.



AI Cloud Provider SMC Plans Global Rollout

People attend a media tour of Sustainable Metal Cloud's Sustainable AI Factory in Singapore July 25, 2024. REUTERS/Caroline Chia/File Photo Purchase Licensing Rights
People attend a media tour of Sustainable Metal Cloud's Sustainable AI Factory in Singapore July 25, 2024. REUTERS/Caroline Chia/File Photo Purchase Licensing Rights
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AI Cloud Provider SMC Plans Global Rollout

People attend a media tour of Sustainable Metal Cloud's Sustainable AI Factory in Singapore July 25, 2024. REUTERS/Caroline Chia/File Photo Purchase Licensing Rights
People attend a media tour of Sustainable Metal Cloud's Sustainable AI Factory in Singapore July 25, 2024. REUTERS/Caroline Chia/File Photo Purchase Licensing Rights

Singapore-headquartered AI cloud provider Sustainable Metal Cloud (SMC) is planning to expand globally as its sees fast-growing demand for its energy saving technology, its CEO said on Thursday.

"Due to client demand, we’re looking to expand in EMEA (Europe Middle East and Africa) and North America," CEO and co-founder Tim Rosenfield said, Reuters reported.

The startup, a partner of AI chip giant Nvidia, already operates what it calls "sustainable AI factories" in Australia and Singapore and is set to launch in India and Thailand.

Its clients in Singapore, where it operates over 1,200 of Nvidia's high-end H100 AI chips, include Facebook owner Meta who uses SMC's cloud to run its Llama 2 AI model.

While most data centres depend on air cooling technology, SMC uses immersion technology, submerging servers from Dell fitted with GPUs (graphics processing units) from Nvidia in a synthetic oil called polyalphaolefin to draw heat away faster.

The technology behind the approach reduces energy consumption by up to 50% compared to traditional air cooling, according to the CEO.

Demand for AI is expected to increase 10-fold compared with 2023, according to the International Energy Agency (IEA).

The electricity consumption of data centres globally is expected to top 1,000 terawatt-hours in 2026, roughly equivalent to Japan's total annual consumption, the IEA said in March.

SMC is currently raising $400 million in equity and $550 million in debt according to a source with direct knowledge of the matter.

The company declined to comment. The fundraising was first reported by Bloomberg.