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Money from the saudis in its last funding round, citing national security concerns.Pymnts examined ai’s . Potential to transform the middle east in a report earlier this year.“successful ai development efforts . Could not only lead to a wave of local creativity and innovation such as new . Startups, and attracting generation of students to the field, but could spread the resulting prosperity . Across the region, countering local disbalances and democratizing the knowledge economy to attract the brightest . Minds,” geopolitical analyst irina tsukerman said in an interview for that report.

And efforts like saudi . Arabia’s public investment fund, boasting over $ billion in assets, is working to establish itself . As a global ai leader, bas kooijman, ceo and asset kuwait whatsapp number data manager at dhf capital, told . Pymnts in an interview. “the fund could spur innovation, attract global tech partnerships, and accelerate . Ai adoption across various industries within the region, contributing significantly to saudi arabia’s gdp,” he . Added.For all pymnts ai coverage, subscribe to the daily ai newsletter.Pymnts intelligence and coupa ad . Promoting the certainty project report.

Click to read.Recommendedgot digital assets? The weird, the wild and . The whatever coinssantander picks new us ceo amid company-wide reorganizationreport: apple shelves mac-connected ar glasses . Projecttether reportedly made $ billion in profits in see more in: ai, ai funding, ai . Investment, anthropic, artificial intelligence, gulf cooperation council, kuwait, mgx, middle east, mubadala, news, openai, pymnts . News, saudi arabia, sovereign wealth funds, uae, united arab emirates, what's hotapple intelligence to expand . To vision pro headset in aprilby pymnts | february , | apple said friday (feb.