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Saudi Arabia: NIDLP Launches Updated Daleel Platform with AI Support

The “Daleel Guides You” campaign highlights the platform’s advanced features designed to facilitate investment in the Kingdom
The “Daleel Guides You” campaign highlights the platform’s advanced features designed to facilitate investment in the Kingdom
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Saudi Arabia: NIDLP Launches Updated Daleel Platform with AI Support

The “Daleel Guides You” campaign highlights the platform’s advanced features designed to facilitate investment in the Kingdom
The “Daleel Guides You” campaign highlights the platform’s advanced features designed to facilitate investment in the Kingdom

Saudi Arabia’s National Industrial Development and Logistics Program (NIDLP) has launched a campaign to introduce the enhanced version of the “Daleel” platform, now featuring artificial intelligence and multilingual support in seven languages.

Targeted at investors, entrepreneurs, and business professionals, the “Daleel Guides You” campaign highlights the platform’s advanced features designed to facilitate investment in the Kingdom’s energy, industry, mining, and logistics sectors.

The updated platform offers comprehensive market information, competitive insights, and interactive maps tailored for investors, along with real-time updates and exclusive news on promising sectors.

Through its innovative technology, “Daleel” aims to support Saudi Arabia’s Vision 2030 by advancing NIDLP’s mission to establish the Kingdom as a leading industrial hub and global logistics center.

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EU Lags US and China in AI Investments, Nvidia CEO Says

Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)
Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)
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EU Lags US and China in AI Investments, Nvidia CEO Says

Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)
Words reading "Artificial intelligence AI", miniature of robot and toy hand are pictured in this illustration taken December 14, 2023. (Reuters)

The European Union lags far behind the United States and China in investing in artificial intelligence, the CEO of AI chipmaker Nvidia said on Wednesday.

While there are only a handful of artificial intelligence companies in Europe, such as France's Mistral and Germany's Aleph Alpha, the bloc passed the world's first comprehensive rules to govern AI which came into force in August.

"The EU has to accelerate the progress in AI," Nvidia CEO Jensen Huang said during a visit to Copenhagen. "There's an awakening in every country realizing that the data is a national resource."

Huang was in Denmark to launch a new supercomputer named Gefion, which boasts 1,528 graphic processing units (GPUs) and was built by Nvidia in partnership with the Novo Nordisk Foundation and Denmark's Export and Investment Fund.

Nvidia is the world's top maker of GPUs, which are in high demand because they can be used to speed up artificial intelligence work. OpenAI's ChatGPT, for example, was created with thousands of Nvidia GPUs.

Denmark plans to use the supercomputer for drug discovery, disease diagnosis, treatment and complicated life science challenges.

"The era of computer aided drug discovery must be within this decade," Huang said. "This will be the decade of digital biology."

Nvidia is the second largest listed US company after Apple with a market value of $3.52 trillion.