Latest news with #GenerativeArtificialIntelligenceForum
Leaders
20-06-2025
- Business
- Leaders
Generative AI Will Create New Job Opportunities: Study
Saudi Arabia's Digital Government Authority (DGA) has released a recent study tackling the current state of the AI's adoption and the possible economic impact. Titled 'Generative AI in Digital Government Business', DGA's study explores the key challenges and recommendations for decision makers and involved stakeholders. It also focuses on how to leverage from the solutions of the generative artificial intelligence at the local level and how to employ them to elevate government services. Importantly, the study anticipates that the expected contribution of AI to the gross domestic product by 2030 will be $135 billion. Moreover, the Saudi authorities revealed that investment in AI will reach $40 billion. 90% of AI experts see that generative AI will create new job opportunities. Benefits of Generative AI Apart from this, the study discusses the benefits of using the generative AI in government sectors. The adoption will accelerate the development of software solutions through the preparation of reusable code sets and automation of debugging. It will also reduce operational costs by automating repetitive tasks and allow resource reallocation. By automating routine tasks such as document and report preparation, the generative AI will increase productivity and boost operational efficiency. Depending on generative AI techniques will also improve decision making and provide real-time access to sensitive data for legal teams and intelligence operations. Moreover, it will provide customers with smooth and seamless experiences by automating virtual support solutions. In the light of all these factors, the use of generative AI will encourage innovation by creating new ideas for public programs and analyzing comprehensive data sets to identify emerging trends and introduce advanced policies. Related Topics: Saudi Arabia Launches Generative AI Training Initiative SDAIA: Generative AI Market Value Expected to Reach $1.27tn by 2032 SDAIA, KSU to Launch Generative Artificial Intelligence Forum Short link :
Leaders
12-05-2025
- Business
- Leaders
HUMAIN: Saudi Crown Prince Unveils New Global AI Powerhouse
Saudi Arabia's Crown Prince Mohammed bin Salman announced today, May 12, the launch of HUMAIN, a new PIF-owned company in artificial intelligence, according to the Saudi Press Agency. The company will focus on offering and developing artificial intelligence solutions and technologies and investing in the sector's ecosystem. Chaired by the Crown Prince, HUMAIN will offer a vast array range of AI services, products and tools, such as next-generation data centers, AI infrastructure and cloud capabilities, as well as advanced AI models and solutions. Promisingly, the company will also provide one of the world's most powerful multimodal Arabic large language models (LLMs). Interestingly, HUMAIN will empower capabilities to develop AI solutions at the local, regional and global levels and unleash new horizons for digital economy. Currently, PIF and its companies are expanding their investments to set an AI ecosystem and enhance international AI partnerships. These investments leverage from the Kingdom's strategic location at the nexus of three continents, economic growth prospects and young, tech-savvy population. Importantly, HUMAIN will launch various data center initiatives, procure hardware and accelerate the adoption of AI technologies. Therefore, it will serve as a regional and global AI hub for strategic sectors, such as energy, healthcare, manufacturing and financial services. Related Topics: SDAIA, KSU to Launch Generative Artificial Intelligence Forum 5 Ways to Use Artificial Intelligence to Create Website International Artificial Intelligence Olympiad Kicks off in Riyadh Short link : Post Views: 162
