Saudi Arabia Eyes $600B Tech Boost Through US Partnerships
Saudi Arabia Unleashes a $600B Tech Spending Spree
Tech giants in the US are celebrating as Saudi Arabia unveils a colossal $600 billion investment initiative focused on technology. The spending spree is part of the kingdom’s Vision 2030 strategy to diversify its oil-dependent economy and establish itself as a global tech player.
Focus on AI, Semiconductors, and Future Cities
The investment targets next-generation technologies including artificial intelligence, semiconductors, and smart infrastructure. Saudi leaders are actively forging partnerships with US firms to fuel research, local talent development, and regional innovation hubs aiming to transform the economy into a digital powerhouse.