Riyadh to Host Third Saudi Forum for the Fourth Industrial Revolution in October

Riyadh to Host Third Saudi Forum for the Fourth Industrial Revolution in October
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Riyadh to Host Third Saudi Forum for the Fourth Industrial Revolution in October

Riyadh to Host Third Saudi Forum for the Fourth Industrial Revolution in October

The Center for the Fourth Industrial Revolution Saudi Arabia (C4IR Saudi Arabia), in partnership with the World Economic Forum (WEF) and King Abdulaziz City for Science and Technology (KACST), will organize the third Saudi Forum for the Fourth Industrial Revolution in Riyadh from October 29 to 30.

Held under the theme “Frontiers of Global Technology”, the event will bring together experts and innovation leaders from government entities, the business sector, academia, and research centers.

The forum will discuss the impact of Fourth Industrial Revolution technologies on the economy, industry, and society, including advanced technologies, artificial intelligence, and quantum computing, in addition to smart factories and their role in boosting economic growth, accelerating transformation, and fostering sustainable innovation.

The program will include regional workshops and specialized workshops for members of the Fourth Industrial Revolution Centers Network and forum communities, such as the Young Global Leaders and Global Shapers. Representatives from the Kingdom’s Small and Medium Enterprises (SMEs) network, local technology pioneers, entrepreneurs, and innovation communities associated with “The Garage” will also participate.

In its third edition, the forum will focus on deepening engagement through live sessions, high-level dialogues, and specialized workshops covering six main themes: the Intelligent Economy, the Future of Industry, Beyond Digital, Preparing Society for the Future, Responsible Technologies and Ethical Boundaries, and Strategic Resources for the Fourth Industrial Revolution Economy.

Managing Director of C4IR Saudi Arabia Dr. Basma AlBuhairan stated that the forum comes as the Kingdom advances toward an innovation-driven economy, reinforcing its role as a leader in the Fourth Industrial Revolution through its partnership with the World Economic Forum.

She extended thanks to the forum’s partners: Saudi Aramco, the National Industrial Development and Logistics Program (NIDLP), stc Group, Riyadh Municipality, Quantinuum Global Solutions, Alef International, and Al Asila Solutions.

C4IR Saudi Arabia serves as a national platform for developing and applying Fourth Industrial Revolution and advanced technologies in a responsible manner, helping to accelerate the development of governance frameworks, policies, and protocols that support the adoption and scaling of technology, as part of the goals of Saudi Vision 2030.



South Korea to Invest $166 Million in AI Chip Startup Rebellions

People walk near Gwanghwamun Square in Seoul, South Korea, 22 March 2026. The band performed their comeback concert on 21 March.  EPA/YONHAP
People walk near Gwanghwamun Square in Seoul, South Korea, 22 March 2026. The band performed their comeback concert on 21 March. EPA/YONHAP
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South Korea to Invest $166 Million in AI Chip Startup Rebellions

People walk near Gwanghwamun Square in Seoul, South Korea, 22 March 2026. The band performed their comeback concert on 21 March.  EPA/YONHAP
People walk near Gwanghwamun Square in Seoul, South Korea, 22 March 2026. The band performed their comeback concert on 21 March. EPA/YONHAP

South Korea's industry ministry on Tuesday said the Financial Services Commission's advisory board approved a 250 billion won ($166 million) investment in a local artificial intelligence chip startup called Rebellions, part of a government-backed push to nurture a homegrown advanced semiconductor firm.

Here are some details:

South Korea's Financial Services Commission advisory board, which evaluates investments in advanced strategic industries, ⁠approved a 250 ⁠billion won direct investment into Rebellions, an AI chip startup.

Rebellions, founded in 2020, designs neural processing units (NPUs) that handle AI computations.

The decision was made at a ⁠fund management committee meeting for the state-led "National Growth Fund," marking the first direct investment under the country's "K-Nvidia" initiative.

The funding will support Rebellions' mass production of NPU chips and the development of next-generation AI semiconductors, the industry ministry said in a statement.

The "K-Nvidia" project, jointly led by the Financial Services Commission and the ⁠Ministry ⁠of Science and ICT, seeks to nurture a globally competitive AI chip company amid intensifying competition in the sector, which is dominated by US firms like Nvidia.

The move underscores Seoul's efforts to strengthen its position in the AI supply chain and reduce reliance on foreign technology, as demand for high-performance computing chips surges.


Uber, Autonomous Mobility Firms to Launch Europe's 1st Commercial Robotaxis

Aerial photo shows light installation during the Festival of Lights in Zagreb, Croatia, March 18, 2026. REUTERS/Antonio Bronic
Aerial photo shows light installation during the Festival of Lights in Zagreb, Croatia, March 18, 2026. REUTERS/Antonio Bronic
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Uber, Autonomous Mobility Firms to Launch Europe's 1st Commercial Robotaxis

Aerial photo shows light installation during the Festival of Lights in Zagreb, Croatia, March 18, 2026. REUTERS/Antonio Bronic
Aerial photo shows light installation during the Festival of Lights in Zagreb, Croatia, March 18, 2026. REUTERS/Antonio Bronic

Uber Technologies and autonomous mobility companies Verne and Pony.ai have partnered up to launch Europe's first commercial robotaxi service in the Croatian capital Zagreb, with plans to expand to other cities, they said on Thursday.

Robotaxis are rapidly expanding into US cities as companies race to commercialize ⁠autonomous ride-hailing worldwide.

Alphabet's ⁠Waymo remains the early leader, while Tesla hopes its vast manufacturing scale and financial resources could reshape the competitive landscape.

The first ⁠commercial robotaxi service in Zagreb will be launched "soon,” the companies said.

Initial deployment work is underway, including public-road validation.

Pony.ai will provide autonomous driving solutions, while Verne will act as the fleet owner and service operator.

The three companies plan ⁠to ⁠expand the fleet to thousands of robotaxis in European cities over the next few years.

Uber and Nvidia said earlier this month they planned to expand their robotaxi service in 28 cities across North America, Europe, Australia and Asia.


Samsung, SK Urge Employees to Cut Car Use Amid Rising Energy Risks

FILE - The logo of the Samsung is seen at the Samsung Electronics' Seocho building in Seoul, South Korea, Friday, July 5, 2024.  (AP Photo/Lee Jin-man, File)
FILE - The logo of the Samsung is seen at the Samsung Electronics' Seocho building in Seoul, South Korea, Friday, July 5, 2024. (AP Photo/Lee Jin-man, File)
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Samsung, SK Urge Employees to Cut Car Use Amid Rising Energy Risks

FILE - The logo of the Samsung is seen at the Samsung Electronics' Seocho building in Seoul, South Korea, Friday, July 5, 2024.  (AP Photo/Lee Jin-man, File)
FILE - The logo of the Samsung is seen at the Samsung Electronics' Seocho building in Seoul, South Korea, Friday, July 5, 2024. (AP Photo/Lee Jin-man, File)

South Korean tech giants Samsung Electronics and SK Group said they were asking employees to curb private car use and follow fuel-saving measures after South Korea rolled ⁠out emergency energy-conservation steps ⁠amid instability in Middle Eastern energy supplies.

Internal notices showed the companies encouraging car-use restrictions ⁠such as a five and 10-day vehicle rotation system, reduced parking availability and other energy-saving practices at offices from Thursday for Samsung and from March 30 ⁠for ⁠SK.

The moves follow government guidance aimed at cutting fuel consumption as concerns grow over prolonged disruptions linked to the Iran-related energy crisis.