Salesforce plans $500 million in AI-related investments

Mobica plans $50mln investment in Saudi agriculture
Egypt - Mobica is planning to invest $50 million to cultivate 5,000 feddans in Saudi Arabia through its $100 million Morpho Fund, CEO Mohamed Farouk told Asharq Business. The group is also exploring opportunities for agricultural investments in Oman.
Trump Plans to Attend Saudi Investment Conference in Miami
President Donald Trump is set to attend a meeting of business executives hosted by Saudi Arabia’s sovereign wealth fund next week in Miami, according to an invitation seen by Bloomberg.
Salesforce plans $500 million in AI-related investments in Saudi Arabia
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.
Salesforce commits $500m to AI in Saudi Arabia
US-based software company Salesforce is planning to invest $500m (SR1.8bn) in Saudi Arabia, focusing on AI technologies. The move is aimed at fostering workforce development through AI skilling and enhance Salesforce's local partner ecosystem.
Salesforce spurs AI development in Saudi Arabia with $500M investment
Salesforce (NYSE:CRM) plans to invest $500M in Saudi Arabia to bolster artificial intelligence development in the region, which includes training up to 30,000 locals in AI skills, the customer relationship management company revealed on Monday.
Saudi Arabia to invest $5 bn in AI data centre
The project will be located in Oxagon, an industrial city within NEOM, which the kingdom aims to transform into the world's ...
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Trump Heads to Saudi Finance Summit: A Controversial Reunion
Former U.S. President Donald Trump is set to attend a significant financial summit in Miami hosted by Saudi Arabia's ...
Saudi Arabia’s Neom Signs $5 Billion Deal for AI Data Center
Saudi Arabia’s Neom, the megacity being developed on the Red Sea coast, secured a $5 billion investment from a local firm to ...
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BCI maker Paradromics picks up strategic investment from Saudi Arabia
Paradromics announced today that it received a strategic investment from NEOM, a region taking shape in Saudi Arabia.
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Saudi Allows Foreign Investment in Holy Cities - What it Means For Tourism
Saudi has opened up foreign investment into real estate firms in its holy cities this week, a move that will support ...
Nvidia (NVDA) Competitor Groq Secures $1.5B Investment from Saudi Arabia
Groq, a company that specializes in artificial intelligence semiconductors and is generally seen as a competitor to chipmaker ...
Saudi's $63- billion giga project Diriyah sees keen interest from Indian investors
Diriyah, billed as the "City of Earth," is being built on the outskirts of Saudi Arabia’s capital, Riyadh. It will ...
Exclusive-Trump poised to attend Saudi-backed conference in Miami in February, sources say
Among other attendees poised to attend the FII Priority summit are TikTok CEO Shou Zi Chew, Oracle CEO Safra Catz, as well as ...
Saudi Arabia's Neom signed a $5 billion deal to build a huge AI data center
The 1.5-gigawatt factory is expected to be in use by 2028. It comes as Saudi Arabia and the UAE compete to spearhead AI ...
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Saudi Arabia now has 600 global companies with regional HQ in Kingdom; investments reach $320bn
Saudi Arabia has nearly 600 global companies with an established regional headquarters in the Kingdom, according to Minister ...