Saudi Arabia signed six major agreements with top US tech firms during an investment forum in Riyadh, aiming to accelerate its advancements in artificial intelligence, cybersecurity, and cloud computing. The forum coincided with a visit from US President Donald Trump and included deals valued at over $300 billion.
Key agreements included:
- SDAIA signed MoUs with PureStorage, DataDirect Network, Wika.io, and Palo Alto Networks to enhance AI and cybersecurity infrastructure.
- The Digital Government Authority partnered with Oracle to advance cloud computing and digital services.
- The National Center for Privatization signed a cooperation pact with the Association for the Improvement of American Infrastructure to strengthen public-private partnership capabilities.
These deals mark a strategic push toward a knowledge-based economy, digital transformation, and international collaboration.