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The LEAP 2025 International Technical Conference witnessed the announcement of the largest package of technical launches and investments in the region, amounting to $14.9 billion, which confirms the Kingdom of Saudi Arabia’s position as a leading regional center in the field of technology, and an attractive destination for investments in artificial intelligence, emerging and deep technologies, and cloud computing.
Qualitative Investments to Build a Prosperous Digital Future
These huge investments aim to enable and develop digital skills, stimulate the growth of emerging technology companies, enhance the innovation movement in the Kingdom, consolidate its position as a center for technology and innovation, and an attractive environment for leading global technology companies, as it is the largest digital economy in the Middle East and North Africa region.
Government Support and Empowerment of the Technology Sector
The Minister of Communications and Information Technology, Abdullah bin Amer Al-Swaha, affirmed in his opening speech during the conference, which is held under the slogan “Towards New Horizons,” that these massive launches and investments came with the support and empowerment of His Highness the Crown Prince, with the aim of enabling the technology sector and supporting the Kingdom’s transformation towards an innovative and sustainable economy. , based on artificial intelligence, in line with the objectives of Vision 2030.
Wide Participation and Strategic Partnerships
The conference, which is organized by the Ministry of Communications and Information Technology, the Saudi Federation for Cybersecurity, Programming and Drones, and the “Tahaluf” company, witnesses wide participation from major global technology companies, and witnesses announcements of strategic partnerships and qualitative investments in various fields of technology.
Prominent Announcements and Huge Investments
Among the most prominent announcements witnessed by the conference:
- Groq and Aramco Digital: Investing $1.5 billion to expand the company’s investments in the field of cloud computing supported by artificial intelligence.
- Alat and Lenovo: Investing $2 billion to build an advanced manufacturing and technology center based on artificial intelligence and robotics, and establishing a regional headquarters for Lenovo in Riyadh.
- Google: Investing in the digital infrastructure in artificial intelligence by launching a global cluster in the Kingdom.
- Qualcomm: Making the Allam language model available on the Qualcomm cloud for artificial intelligence, launching the ALLaM AI PC computer, and enabling cloud artificial intelligence solutions for developers.
- Alibaba Cloud: Launching the Artificial Intelligence Empowerment Program in the Kingdom, and cooperating with Tuwaiq Academy and stc to train national talents.
- Databricks: Investing $300 million in building integrated PaaS services to enable application developers and develop the skills of national competencies in data engineering and artificial intelligence.
- SambaNova: Investing $140 million to create an advanced artificial intelligence infrastructure.
- KKR and Gulf Data Hub: Investing in the development of data centers with capacities of up to 300 megawatts.
- Salesforce: Investing $500 million in building the Hyperforce platform to serve the company’s customers in the region through the Kingdom.
- Tencent Cloud: Investing $150 million to launch the first cloud region for Tencent Cloud in the Middle East from Saudi Arabia.
Wide Participation and Ambitious Goal
The conference witnesses the participation of more than a thousand international speakers and technology experts, 1,800 exhibiting entities, and about 680 startups. It aims to accelerate innovation by supporting innovators and startups, and building global partnerships that bring together various parties in the information and communications technology industry.
What distinguishes the LEAP conference?
- Focus on the Future: It focuses on emerging technologies and future trends such as artificial intelligence, the Internet of Things, virtual reality, and blockchain.
- Innovation: It encourages innovation by organizing competitions, workshops, and business incubators.
- Partnerships: It provides an ideal platform for startups to connect with investors and large companies.
- Social Impact: The conference seeks to make a positive impact on society by adopting technologies to serve humanity.
The LEAP 2025 conference is a pivotal event in the Kingdom’s digital transformation journey and reflects the Kingdom’s firm commitment to leading technological innovation in the region and the world.
The Vital Role of Renad Al Majd Company in Digital Transformation
In the midst of these rapid developments, Renad Al Majd Company emerges as an active element and major contributor to the digital transformation journey that the Kingdom is witnessing. Through its accumulated expertise in the field of information technology and its innovative solutions, Renad Al Majd contributes to supporting companies and institutions of all sizes in adopting the latest technologies, improving their performance, and achieving their goals efficiently and effectively.
Renad Al Majd is committed to providing high-quality services in various fields, including:
- Digital Transformation: Leading institutions towards adopting modern technologies to improve efficiency and innovation.
- Artificial Intelligence (AI): Developing innovative smart solutions using the latest artificial intelligence technologies.
- Data Management: Helping institutions manage their data efficiently and effectively to achieve their goals.
- Cybersecurity: Protecting systems and data from cyber threats.
- ISO Standards: Supporting institutions in obtaining international ISO certifications.
- Administrative Consultations: Providing expertise and advice to improve institutional performance.
- Event Management: Organizing and managing events efficiently and professionally.
- Technical Consultations: Providing specialized consultations in various fields of information technology.
- Technical Solutions: Developing innovative and customized technical solutions to meet customer needs.
- Training Programs: Providing specialized training programs to develop employee skills.
Through these integrated services, Renad Al Majd contributes to enabling digital transformation in the Kingdom and supporting the achievement of the ambitious Vision 2030.
For more information about the services provided by Renad Al Majd, you can contact our specialized team through the following form:
