logo-en
  • Home
  • Companies
  • Investors
  • Opportunities
    • Home
    • SME Loans
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Global tech leaders highlight AI's future at LEAP 2025’s day 1

Global tech leaders highlight AI's future at LEAP 2025’s day 1

GHADA.ISMAIL
Feb 10, 2025
Aramco, HP, Nokia, and Groq announce groundbreaking AI initiatives

Riyadh – Sharikat Mubasher: The first day of the LEAP 2025 tech conference in Riyadh launched with in-depth discussions on the role of artificial intelligence (AI) in transforming industries, boosting the digital economy, and fostering tech investments.

Organized by the Ministry of Communications and Information Technology, the Saudi Federation for Cybersecurity, Programming, and Drones, and Tahaluf, the event brought together global tech leaders and experts.

In a key session, Ahmad Al-Khowaiter, Executive Vice President of Technology and Innovation at Aramco, highlighted AI’s reliance on human expertise. He noted Aramco’s efforts to train over 6,000 AI developers and its partnerships with Imperial College, Caltech, and KAUST for advanced education programs.

Al-Khowaiter also announced the launch of the region's first AI inference center with Groq and Aramco MetaBrain, a 70-billion-parameter AI model, with plans to scale up to a trillion-parameter model.

Aramco has expanded its infrastructure with 1,500 petabytes of storage, enhanced data centers, and cutting-edge supercomputers like MAM-7 and NVIDIA Superpods, enabling faster decision-making.

Enrique Lores, HP CEO emphasized Saudi Arabia’s readiness to lead in tech innovation, citing the Kingdom's digital transformation efforts and talent development. HP plans to expand locally, produce more products in the Kingdom, and create a development center for specialized AI models.

In a CEO panel, Talal Al-Bakr of SCCC urged startups to leverage ready-made AI models and build adaptable infrastructure. Sulaiman A. Mirdad, CEO of Qiwa highlighted the platform’s role in connecting startups with investors, fostering the Kingdom’s entrepreneurship ecosystem.

Mikko Lavanti, Nokia’s CEO discussed the company’s commitment to empowering Saudi talent and establishing local centers to enhance tech services. Meanwhile, Jonathan Ross, Groq’s CEO revealed plans for a data center in Saudi Arabia, making the Kingdom its first global launch location for AI inference operations.

LEAP 2025 will continue with discussions and innovations, reflecting Saudi Arabia’s ambition to lead the global tech landscape.

Tags

LEAP 25
AI
Saudi Arabia
events
Share

Attract clients with your ad

Start Now

Trending

Entrepreneurship World Cup pushes 250 Startups closer to finals
MUBASHER.SA
FII expands to Japan with Tokyo Summit Set for 30 Nov
MUBASHER
CredibleX secures $100mn facility from Pollen Street Capital
MUBASHER
Sarat Ventures unveils $50mn Biotech Fund targeting Saudi Market
MUBASHER
QIA joins $1bn funding round in PsiQuantum
MUBASHER

Related News

Private Equities News
Calendar Icon
Sep 11, 2025
Entrepreneurship World Cup pushes 250 Startups closer to finals
Read More
Private Equities News
Calendar Icon
Sep 11, 2025
FII expands to Japan with Tokyo Summit Set for 30 Nov
Read More
Private Equities News
Calendar Icon
Sep 11, 2025
CredibleX secures $100mn facility from Pollen Street Capital
Read More
Private Equities News
Calendar Icon
Sep 11, 2025
DMCC partners with Korea’s NIPA to drive AI, startup expansion
Read More
Private Equities News
Calendar Icon
Sep 10, 2025
Tawal, Huawei sign MoU to boost Saudi digital transformation
Read More
Private Equities News
Calendar Icon
Sep 10, 2025
7X launches Waslah Post, world’s 1st digital postal marketplace
Read More
Private Equities News
Calendar Icon
Sep 10, 2025
Phoenix Contact launches Saudi subsidiary to support industrial growth
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
  • Opportunities
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher