Saudi Arabia’s increasingly ambitious goal to become a global hub for AI and cloud computing was laid bare at LEAP, an annual global technology summit held in Riyadh. Tech deals worth $15bn were announced during the four-day conference, highlighting not only the scale of investment in AI, the cloud, data centres, and advanced technologies but also its ambition to become a tech leader.
That ambition was visible across the conference: in new AI models and locally designed hardware, multibillion-dollar investments in cloud and computing infrastructure, plans for autonomous vehicles, and the expansion of domestic technology manufacturing. Taken together, the announcements offered a picture of a country attempting to build an entire technology ecosystem rather than simply import the products it needs.
LEAP’s fifth edition, held in Riyadh from 31 August to 3 September, brought together 1,323 speakers and 1,397 investors from 1,027 firms with a combined $18.3tn in assets under management. More than 1,500 exhibitors took part, including over 750 global companies, alongside 1,294 firms participating in the exhibition and startup programme.
“The days when we drew up technology plans spanning five to 10 years are over,” said Abdullah Al-Swaha, Minister of Communications and Information Technology, during the opening ceremony. “We are living in an age of extraordinary acceleration that demands faster, more agile, and more flexible ways of working.”
Al-Swaha pointed to the growth of Saudi Arabia’s technology sector, which has expanded rapidly under Vision 2030, growing from less than $80bn in 2016 to $139.2bn. Jobs in the sector have also increased from 150,000 to 450,000, underscoring the scale of the country’s digital transformation.

HUMAIN takes centre stage
At the centre of it all was HUMAIN, the AI company Saudi Arabia’s Public Investment Fund (PIF) launched in May last year. On the first day, it unveiled HUMAIN M3, a new open-weights Arabic language model trained on more than one trillion Arabic tokens, alongside HUMAIN Voice, a conversational AI platform designed for multiple Arabic dialects, including Saudi, Maghrebi, Egyptian, and Levantine Arabic.
More announcements followed, including a partnership with the US chipmaker Qualcomm and the unveiling of the Horizon Ultra, a next-generation AI personal computer designed in Saudi Arabia. Qualcomm also announced plans to expand its presence in the country with a new engineering office in Riyadh.
Perhaps more significantly for Saudi Arabia’s ambitions to become an AI hub, HUMAIN revealed that production AI computing infrastructure developed with AMD and Cisco had gone live in the country. The companies plan to deploy up to 250MW of additional AI infrastructure from 2027 and remain on track to build up to 1GW by 2030.


