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Saudi technology revenue nears 13 billion riyals as rising investment in data centres and artificial intelligence reshapes the market M. Jay M. Jay
Intelligence

Saudi technology revenue nears 13 billion riyals as rising investment in data centres and artificial intelligence reshapes the market

Listen to this article Read by Anchor Financial results for companies listed in the software and technology services sector on the Saudi Stock Exchange during the first half of 2026 revealed a broad structural shift, as firms moved beyond traditional digital transformation spending toward a new wave of heavy investment
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3 min read
PwC finds Saudi organizations raise AI investment to 8 percent of revenues as measuring financial return becomes the critical test M. Jay M. Jay
Intelligence

PwC finds Saudi organizations raise AI investment to 8 percent of revenues as measuring financial return becomes the critical test

Listen to this article Read by Anchor Organizations in Saudi Arabia are moving from technical experimentation to linking artificial intelligence investments directly to business outcomes, driven by a supportive investment climate and advanced cloud infrastructure. A study by PwC Middle East shows that 78 percent of surveyed participants in Saudi
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2 min read
Humain quadruples capacity in deal exceeding 689 percent of MIS revenue as Allam deployment accelerates toward a gigawatt of computing M. Jay M. Jay
Intelligence

Humain quadruples capacity in deal exceeding 689 percent of MIS revenue as Allam deployment accelerates toward a gigawatt of computing

Listen to this article Read by Anchor Humain, the artificial intelligence unit owned by Saudi Arabia's Public Investment Fund, has awarded new contracts that will quadruple its data centre capacity. According to public disclosures, Tadawul-listed Al Moammar Information Systems (MIS) will construct 200 megawatts of data centre
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2 min read
Operational dimensions of the Humain and Mistral infrastructure partnership in localising voice models and cybersecurity M. Jay M. Jay
Intelligence

Operational dimensions of the Humain and Mistral infrastructure partnership in localising voice models and cybersecurity

Listen to this article Read by Anchor Saudi firm Humain and French artificial intelligence company Mistral have announced a strategic partnership covering infrastructure, advanced model development, and the deployment of AI solutions across the Kingdom and the wider region. In its initial phases, the alliance focuses on specific domains including
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2 min read
AI governance rises to boards of directors in Saudi Arabia: four pillars to manage model risk and regulatory compliance M. Jay M. Jay
Intelligence

AI governance rises to boards of directors in Saudi Arabia: four pillars to manage model risk and regulatory compliance

Listen to this article Read by Anchor With the accelerating pace of adoption of artificial intelligence applications in Saudi Arabia across the public and private sectors within the Vision 2030 pathways, institutional focus is gradually shifting from merely piloting models to building comprehensive governance frameworks that place oversight and accountability
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2 min read
Artificial intelligence accounts for 15% of business incorporation requests in Saudi Arabia as the shift moves toward governance and regulatory compliance tools M. Jay M. Jay
Intelligence

Artificial intelligence accounts for 15% of business incorporation requests in Saudi Arabia as the shift moves toward governance and regulatory compliance tools

Listen to this article Read by Anchor Company incorporation and business expansion inquiries in Saudi Arabia have shown a marked shift in the composition of incoming sectors, with data from Sovereign PPG, a corporate services firm, indicating that artificial intelligence and advanced technologies now account for about 15 % of the
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2 min read
Situational Awareness under the U.S. regulator’s microscope: a lesson on the risks of concentration and leverage in AI investments M. Jay M. Jay
Intelligence

Situational Awareness under the U.S. regulator’s microscope: a lesson on the risks of concentration and leverage in AI investments

Listen to this article Read by Anchor Asset management firm and hedge fund “Situational Awareness”, which focuses on AI investments, is subject to federal regulatory investigations led by the U.S. Securities and Exchange Commission, following sharp market volatility that erased billions of dollars of its value in late July.
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2 min read
Cooperation map between Riyadh and Paris expands as robot research and supercomputing open a parallel path to digital sovereignty M. Jay M. Jay
Intelligence

Cooperation map between Riyadh and Paris expands as robot research and supercomputing open a parallel path to digital sovereignty

Listen to this article Read by Anchor The tech partnership between Saudi Arabia and France is moving from a framework of public discussions on generative artificial intelligence to specialized implementation pathways that include large language models, robot research, quantum technologies, and computing infrastructure. This shift reflects both parties' desire
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2 min read
Huymain and French AI Mistral allocate hundreds of millions of riyals to enable open weights and sovereign AI M. Jay M. Jay
Intelligence

Huymain and French AI Mistral allocate hundreds of millions of riyals to enable open weights and sovereign AI

Listen to this article Read by Anchor Huymain, a subsidiary of the Public Investment Fund, and the French generative-AI specialist Mistral announced the launch of a strategic collaboration worth up to several hundred million riyals, focusing on infrastructure development, AI solution deployment and localisation of advanced models within Saudi
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2 min read
NTT Data strengthens its smart systems in Saudi Arabia, betting sovereign AI and agents will move cities from connectivity to self-management M. Jay M. Jay
Intelligence

NTT Data strengthens its smart systems in Saudi Arabia, betting sovereign AI and agents will move cities from connectivity to self-management

Listen to this article Read by Anchor Global NTT Data is preparing to showcase its AI-based systems at the LEAP 2026 conference in Riyadh, a move that reflects the accelerating competition among major consulting and tech-infrastructure groups to cement their positions in smart-city projects and corporate transformation
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2 min read
From video games to quantum computing, Riyadh’s moves in Paris map technology transfer pathways and build intellectual property M. Jay M. Jay
Intelligence

From video games to quantum computing, Riyadh’s moves in Paris map technology transfer pathways and build intellectual property

Listen to this article Read by Anchor The extensive meetings held by Saudi Minister of Communications and Information Technology Abdullah Al-Sawaha in Paris reveal that technical partnerships are expanding beyond importing ready-made infrastructure to localising advanced development stages. The talks involved senior leaders of major global companies in
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2 min read