“Saudi Arabia has moved purposefully over the past 18 months to dramatically increase the number of programmes, level of support and funding available to AI entrepreneurs and startups. New programmes and initiatives are being introduced at multiple points in the ecosystem, from research universities, to government departments, to government and private sector funds, to specialist programmes run by global startup ecosystems. In creating GAIA, the Kingdom became the first mover in creating an accelerator for GenAI startups and is already funding more GenAI startups than any other programme in the region.”

Carrington Malin, Saudi backs GAIA with $1 billion [Middle East AI News]