Saudi Arabia plans to launch new artificial intelligence project

Saudi Arabia is planning to launch a new artificial intelligence project that is expected to receive up to $100 billion in funding, according to people familiar with the matter. The project aims to establish a new technology center to compete with the neighboring United Arab Emirates. The state-backed project will invest in data centers, startups and other infrastructure to promote the development of artificial intelligence. The project, called "Project Beyond," will focus on attracting new talent, developing the local ecosystem and encouraging technology companies to invest in Saudi Arabia.