The LEAP25 conference in Riyadh marks a significant milestone for Saudi Arabia's tech ambitions, drawing over $8 billion in investments from global technology giants. Key investors include Google with a $1 billion pledge for an AI hub, Alibaba Cloud with an undisclosed amount focusing on local talent training through partnerships, Qualcomm pledging $300 million for PaaS solutions, Salesforce investing $500 million to expand its Hyperforce platform, and Tencent Cloud committing $150 million for the region's first cloud infrastructure with integrated AI.

The event was organized by the Ministry of Communications and Information Technology, SAFCSP, Tahaluf Company, and supported by the Events Investment Fund. Major announcements included AI-powered computing expansion by Groq & Aramco Digital, an AI/robotics manufacturing center by Alat & Lenovo, and a datacenter development investment by KKR & Gulf Data Hub. The conference underscores Saudi Arabia's emergence as a leading digital economy in the MENA region.

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