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09.09.2024 – 08:43

Saudi Data & Artificial Intelligence Authority (SDAIA)


SAUDI ARABIA'S LANDMARK GLOBAL AI SUMMIT TO ADDRESS HARNESSING AI FOR THE GOOD
OF HUMANITY




Riyadh, Saudi Arabia (ots/PRNewswire)



Ahead of the Global AI Summit (GAIN) this week, H.E. Dr. Abdullah bin Sharaf
Alghamdi, Chairman of the Saudi Data and AI Authority (SDAIA), gave a preview of
Saudi Arabia's landmark AI event, which will address the Now, Next and Never for
this rapidly evolving technology.

In a press conference at the King Abdulaziz International Conference Center,
H.E. revealed that the third edition of the summit will tackle pressing
challenges in AI development, ensuring that its potential is fully realized for
the benefit of all. GAIN will address issues such as human capacities, technical
infrastructure, ethics, bias and fairness, national security, information
security, and the economic and social impacts of AI.

The event will feature over 450 speakers from more than 100 countries, and host
150 sessions. It will revolve around the latest generative AI technologies and
algorithms, the applications of big data and how to invest in it across various
fields, building technical human capacities, and addressing the needs and
infrastructure requirements for AI and technology, as well as AI ethics and
governance.

It will also witness the launch of over 25 local and global initiatives, the
signing of more than 70 agreements and Memorandums of Understanding (MoUs), as
well as events such as the International AI Olympiad, an AI competition with
participation from 25 countries. It will additionally feature an international
consultation session on AI governance in partnership with the United Nations and
ICESCO.

The Summit is being hosted by SDAIA, one of the leading entities that integrates
data management and AI technologies. It aligns with the aspirations of His Royal
Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime
Minister, and Chairman of the SDAIA Board of Directors, in placing Saudi Arabia
at the forefront of countries leading AI innovation and achieving the goals of
Vision 2030.

H.E. Dr. Alghamdi stated:

"The Global AI Summit, from its first edition in 2020 to the second in 2022, and
now the third edition, showcases the flourishing progress and remarkable
technological advancements of Saudi Arabia. It is a testament to the Kingdom's
active contribution in leveraging AI technologies for the good of humanity and
supporting efforts to achieve the Sustainable Development Goals locally and
globally."

H.E. Dr. Esam Alwagait, Director of the National Information Center, noted that
AI's contribution to the global economy is expected to reach $15 trillion, with
the AI market projected to grow to $1 trillion by the end of this decade. He
also pointed to the critical importance of AI to business. Reports by global
consultancies like McKinsey have noted that organizations utilizing AI to
analyze data and make decisions have reduced their operating costs by 20-25%.

Dr Yaser Al-Onaizan, CEO of the National Center for Artificial Intelligence
(NCAI) at SDAIA, also said:

"This summit highlights the importance of these advanced technologies from a
societal perspective, focusing on their significance for humanity. Given the
rapid developments in data and AI technologies that are impacting all aspects of
human life, becoming an integral part of it, it was crucial to address this."

Notes to editors

For more information about the GAIN Summit, please visit:
https://globalaisummit.org/en/default.aspx

View original content:
https://www.prnewswire.co.uk/news-releases/saudi-arabias-landmark-global-ai-summit-to-address-harnessing-ai-for-the-good-of-humanity-302241709.html

Contact:

GAINglobalhub@grayling.com

Original content of: Saudi Data & Artificial Intelligence Authority (SDAIA),
transmitted by news aktuell




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 * 08.09.2024 – 00:16
   
   
   SDAIA TO UNVEIL KEY AI STRATEGIES AND INTERNATIONAL COLLABORATIONS AT GLOBAL
   AI SUMMIT PRESS CONFERENCE
   
   Riyadh, Saudi Arabia (ots/PRNewswire) - The Saudi Authority for Data and
   Artificial Intelligence (SDAIA) will hold a press conference on Sunday,
   September 8, at the King Abdulaziz International Conference Center. The press
   conference will highlight key aspects of the upcoming third edition of the
   Global AI Summit, ...
   
   more
   

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