logo-ar
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • smLoan.SME_LOANS
  • finTechHub
  • News
LoginRegister
  • english iconenglish
  • english iconarabic
  1. Mubasher News
  2. Amazon targets Saudi Arabia for market expansion amid AI push

Amazon targets Saudi Arabia for market expansion amid AI push

NOHA.GAD
Jun 4, 2025
Amazon holds nearly 30% of the global data market and aims to increase this share through geographic expansions

Riyadh - Sharikat Mubasher: The global technology giant Amazon is planning to expand its market share and strengthen its presence in Saudi Arabia, capitalizing on the Kingdom’s efforts to become a global hub for artificial intelligence (AI), according to Jamal AlMahamid, CEO of Palmira Software House.

The tech giant holds nearly 30% of the global data market and aims to increase this share through geographic expansions, AlMahamid stated in an interview with Al Arabiya Business.

He highlighted the Kingdom’s efforts to lead the development of data centers and AI applications by forming strategic collaborations with NVIDIA, Google, and Microsoft Azure.

AlMahamid also noted that the launch of HUMAIN, Saudi Arabia’s AI company owned by the Public Investment Fund (PIF), prompted major global tech giants to enter the Saudi market.

HUMAIN recently announced a strategic partnership with NVIDIA to accelerate AI development in Saudi Arabia and the region, leveraging NVIDIA platforms and expertise to establish the Kingdom as a global leader in AI, GPU cloud computing, and digital transformation.

Additionally, Google has made significant investments in artificial intelligence and cloud computing to drive innovation and support Saudi Arabia’s digital transformation goals.

Meanwhile, the global technology conglomerate Microsoft expanded its strategic partnership with Databricks to make Azure Databricks’ capabilities more accessible to organizations across Saudi Arabia.

It should be noted that the Saudi Data and Artificial Intelligence Authority (SDAIA) partnered with Microsoft to launch “Allam”, the Arabic large language model (LLM), on the Microsoft Azure cloud platform.

Tags

Saudi Arabia
AI
data centers
cloud computing
Share

Attract clients with your ad

Start Now

Trending

"باراجون" تتعاون مع "شنايدر إلكتريك" لتعزيز الابتكارات بمشاريعها
MUBASHER
المحاميد: السعودية تشهد اهتمامًا متزايدًا من شركات التكنولوجيا العالمية
MUBASHER.SA
ارتفاع الإنفاق الاستهلاكي يعزز نمو سوق التجزئة بالسعودية في 2024
MUBASHER.SA
"عبد اللطيف جميل" و"جوبي" تستكشفان فرص توفير الطائرات الكهربائية بالسعودية
MUBASHER.SA
"إس تي سي" تعتمد تقنيات الذكاء الاصطناعي لخدمة ضيوف الرحمن
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Jun 4, 2025
Amazon targets Saudi Arabia for market expansion amid AI push
Read More
Private Equities News
Calendar Icon
Jun 4, 2025
Saudi retail sector booms backed by rising consumer demand
Read More
Private Equities News
Calendar Icon
Jun 4, 2025
Abdul Latif Jameel, Joby to explore electric aircraft opportunities in Kingdom
Read More
Private Equities News
Calendar Icon
Jun 4, 2025
stc Group enhances Hajj network performance with AI integration
Read More
Private Equities News
Calendar Icon
Jun 4, 2025
Code Link launches ‘Estate’ to digitize Saudi real estate development
Read More
Private Equities News
Calendar Icon
Jun 3, 2025
HungerStation Plus surpasses 10mn subscribers, 100mn orders
Read More
Private Equities News
Calendar Icon
Jun 3, 2025
D360 Bank mulls new funding round to expand services to SMEs
Read More

newsLetter.widgetTitle

newsLetter.description

validationMsg.emailRequired
validationMsg.validEmail
logo-ar

footerDesc

  • Home
  • Companies
  • Investors
  • finTechHub
  • Opportunities
  • News
  • ContactUs
  • Sitemap
copyRight