👉👉👉 93% of firms in #Saudi have advanced strategies for AI integration: #Cisco

Recent research from Cisco has unveiled a noticeable surge in the adoption of artificial intelligence (AI) among private enterprises in Saudi Arabia, driven by the imperative to enhance workplace efficiency and productivity.

Entitled "AI Readiness Index in Saudi Arabia," the report surveyed over 8,000 companies across 30 nations to gauge their AI integration plans. Timed ahead of the LEAP 2024 conference in Riyadh, touted as the "world's most attended tech event," the findings shed light on the state of AI adoption in the Kingdom.

While a significant 93% of Saudi companies boast advanced strategies for AI integration, a mere 8% feel adequately prepared to fully implement the #Technology . Challenges cited include inadequate infrastructure to support complex AI processes and a lack of clarity in regulatory frameworks.

A notable 31% of respondents identify a shallow talent pool as a key obstacle to embracing AI, with 82% committing to enhancing employee skills through increased investment in AI training. Nonetheless, the overwhelming majority of surveyed enterprises are eager to leverage AI to boost workplace productivity, with many eyeing new revenue streams and personalized client services.

The report highlights collaborative efforts between Saudi Arabia's private sector and government to promote AI adoption, despite cybersecurity concerns. Salman Faqeeh, Cisco Saudi Arabia's Managing Director, emphasizes the index's insights for the National Strategy for Data and AI implementation.

Saudi Arabia is actively investing in AI, seen through initiatives like the adoption of Nvidia chips and a national AI education program. The creation of AceGPT, a native large language model, highlights the country's dedication to fostering AI innovation rooted in Arabian culture.

Faqeeh emphasizes Saudi Arabia's recognition of AI's transformative potential, aligning with its Vision 2030 agenda to position the Kingdom as a global AI leader.

Source - coingeek.com

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🔥🔥BRICS: China to Build Nuclear Power Plant in Saudi Arabia?

1. #Saudi Arabia is considering a bid from China's China National Nuclear Corp (CNNC) to construct a nuclear power plant within the country.

2. The purpose of this bid is to exert pressure on the Biden administration to ease its conditions for U.S. assistance in Saudi Arabia's nuclear power ambitions.

3. Saudi Arabia recently joined the #BRICS group and aims to leverage this new partnership to explore alternative avenues for its nuclear power development.

4. China's #CNNC is proposing the construction of a nuclear power plant in Saudi Arabia's eastern province, close to its borders with Qatar and the UAE.

5. If discussions with the U.S. do not yield desired results, Saudi Crown Prince Mohammed bin Salman is prepared to proceed with the Chinese company's offer.

6. #China is a significant trading partner and oil buyer for Saudi Arabia, and their partnership within BRICS signifies a potential geopolitical shift away from the U.S.

7. China's Foreign Ministry pledges ongoing collaboration with Saudi Arabia in civil nuclear energy, adhering to international nonproliferation regulations.

8. Unlike the U.S., China is unlikely to impose stringent nonproliferation conditions on Saudi Arabia as part of their nuclear cooperation.

9. Saudi Arabia's entry into BRICS marks a strategic move to diversify its partnerships and potentially its nuclear development plans.

10. The potential collaboration on a nuclear power plant underscores the evolving relationships and interests between Saudi Arabia, China, and the U.S.