logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Salesforce pledges $500mn to drive AI innovation in Saudi Arabia

Salesforce pledges $500mn to drive AI innovation in Saudi Arabia

NOHA.GAD
Feb 13, 2025
Salesforce pledged $500 million to drive AI innovation and growth in Saudi Arabia

Riyadh - Sharikat Mubasher: The American cloud-based software company Salesforce announced investing $500 million to drive artificial intelligence (AI) innovation and growth in Saudi Arabia.

This announcement, made during LEAP 2025, reflects Salesforce’s commitment to innovation and economic growth in the region, a recent statement revealed.

Through this investment, the company aims to spur workforce development through AI skilling and expand Salesforce’s local partner ecosystem to support local businesses.

The investment follows Salesforce’s Davos pledge to expand its presence in Saudi Arabia with a new regional headquarters in Riyadh. As part of this expansion, Salesforce will bring Hyperforce, its next-generation platform architecture, to the Kingdom. Hyperforce will enable Salesforce’s global customer base to run workloads locally through a distributed public cloud infrastructure.

Saudi Arabia’s Minister of Communications and Information Technology Abdullah Alswaha, said: “Salesforce’s investment in the Kingdom is a continuation of our shared commitment to drive AI growth. We look forward to seeing Salesforce expand its presence here and welcome the investment in AI that will drive unprecedented innovation and operational efficiency, supporting the realization of Saudi Arabia’s Vision 2030 goals.”

For his part, Marc Benioff, Chair and CEO of Salesforce, commented: “We are entering a new era where autonomous AI agents working with humans are transforming workforces and businesses across the globe.”

LEAP 2025 took place in Riyadh from 9 to 12 February, with the participation of over 1,800 exhibitors, more than 1,000 speakers, and over 680 startups. It brought together global leaders from the public and private sectors, top innovators, and key stakeholders in tech investment.

Under the theme ‘Into New Worlds,’ this four-day event aimed to showcase the latest innovations and facilitate knowledge exchange, expanding business networking and investment opportunities in the tech sector.

Tags

Saudi Arabia
LEAP 2025
AI
Innovation
Share

Attract clients with your ad

Start Now

Trending

Riyadh Royal Commission forges strategic partnership with RLC Global Forum
MUBASHER.SA
Glamera expands regionally with strategic Bookr acquisition
MUBASHER
Tourism Fund signs MoUs to develop high-quality projects in KAEC
MUBASHER.SA
UPFRONT, CredibleX partner to streamline SME financing
MUBASHER
Jeel partners with Ripple to integrate blockchain into financial services in Kingdom
MUBASHER.SA

Related News

Investor News
Calendar Icon
Jan 25, 2026
Farnaud: European investments in Saudi Arabia set to multiply within 5 years
Read More
Investor News
Calendar Icon
Jan 22, 2026
Deloitte expands its Cloud Center of Excellence in Saudi Arabia
Read More
Investor News
Calendar Icon
Jan 21, 2026
OpenCX secures $7mn, gears up to expand in Saudi Arabia
Read More
Investor News
Calendar Icon
Jan 20, 2026
India’s Tata Consultancy establishes new subsidiary in Riyadh
Read More
Investor News
Calendar Icon
Jan 18, 2026
Mott MacDonald opens new office in Riyadh to strengthen operations
Read More
Investor News
Calendar Icon
Jan 14, 2026
PIF consolidates $12bn gaming stakes under Savvy Games Group
Read More
Investor News
Calendar Icon
Jan 14, 2026
Canada’s OpenText opens new office in Riyadh
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher