Cloud software seller Salesforce said on Monday that it plans to invest $500 million in Saudi Arabia related to artificial intelligence, as countries compete to secure investments in the nascent but critical technology.
The entrance sign of Salesforce Tower, at the American cloud-based software company Salesforce.com, Inc.'s Headquarters campus in San Francisco, California © Mena Today
Cloud software seller Salesforce said on Monday that it plans to invest $500 million in Saudi Arabia related to artificial intelligence, as countries compete to secure investments in the nascent but critical technology.
As part of the investment, Salesforce will introduce Hyperforce, its platform architecture delivered through a strategic partnership with Amazon Web Services, in the country.
There has been a spate of announcements of new investments in AI, as eagerness to strongly regulate the nascent technology has waned, especially after U.S. President Donald Trump revoked his predecessor's 2023 executive order that had put guardrails around the technology.
Salesforce will also partner with Capgemini, Deloitte, Globant, IBM, and PwC to expand the use of Agentforce, its product for customer service agents. It will also provide support in Arabic language for its AI-related product suite.
The company made the announcement on Thursday at Saudi's global tech event, LEAP 2025, where the country attracted $14.9 biilion worth of new AI investments.
Earlier this month, Salesforce said it planned to setting up a regional headquarters in Riyadh and upskill 30,000 Saudi citizens by 2030.
Reporting by Rishi Kant
Saudi Arabia has strongly condemned the visit of Israeli National Security Minister Itamar Ben Gvir to the Al-Aqsa Mosque compound in East Jerusalem on Wednesday, calling it a provocation and denouncing what it referred to as “Israeli aggression” against the holy site.
U.S. President Donald Trump is preparing to make Saudi Arabia his first foreign stop of his second term, with a high-stakes visit expected in mid-May, according to Axios, citing U.S. officials and a source familiar with the trip.
The General Authority for the Care of the Affairs of the Grand Mosque and the Prophet's Mosque (Saudi Arabia) has reported that a total of 122,286,712 worshippers visited the holy sites during the month of Ramadan 1446 AH.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.