A great week with @StanfordGSB Professor @robertesiegel with the Saudi Venture Capital and Private Equity Association VCPEA learning Venture Capital Management right the Silicon Valley’s way!
Today at the Saudi-U.S. Investment Forum, we announced we are partnering with HUMAIN, Saudi Arabia's newly created AI innovation company, to collectively invest $5B+ to build a groundbreaking “AI Zone” in the Kingdom.
The AI Zone will bring multiple innovative capabilities to Saudi Arabia, including @awscloud AI infrastructure and servers with world-class semiconductors, UltraCluster networks for faster AI training and inference, AWS services like SageMaker and Bedrock, and AI application services such as Amazon Q.
This builds on our $5.3B AWS Region investment and represents an important step in advancing Saudi Arabia's position as a global AI leader. We look forward to helping drive innovation and talent development across the Kingdom. https://t.co/1EIMb6sp1l
We have been anticipating the Machine Learning and AI revolution for 10 years and now is the time. Together with our customers and partners we will keep building the future of cloud and AI! 🚀
#AWSSummit#GenAI#Zurich#Riyadh#AbuDhabi#Beirut#Cairo#FutureReady
Every modern business is a data business!
A big thank you to @awscloud for yet another unforgettable #AWSSummit this time in #Zurich! 🇨🇭 The energy was incredible with amazing conversations and connections. I finally got to meet the awesome @ViktoriaSemaan in person, too!
While most most countries around the world notice a shrinking trend in venture capital, #KSA Fintech startup investments are still on a growth trajectory.