The American “Sils Force” intends to open a regional headquarters in Riyadh and invest $ 500 million
The American “Sils Fores” plans to open a regional headquarters in the Saudi capital, Riyadh, and to appoint up to 40 employees by the end of this year, according to Bloomberg from a senior executive official in the company.
The company will build its team in Saudi Arabia, as part of a plan to invest 500 million dollars over a period of 5 years with the aim of accelerating the adoption of artificial intelligence in the country, according to Mohamed Al -Khutani, the first vice president of “Sells Fores” Middle East.
The American Technology Company recently appointed Ibrahim Al -Saghir, regional deputy and regional administrative director of Saudi Arabia. Al -Sagheer previously worked at the competing company “SAP SE”.
The $ 500 million investment will take domestic employment, training programs and other initiatives, Al -Khutani said in an interview in Riyadh.
Saudi Arabia is a mature market in the field of artificial intelligence
“Sells Fores”, the maker of the artificial intelligence -backed customer relationships, is expanding in Saudi Arabia at a time when Riyadh is seeking to digitize the country’s economy and make it a global technology center in the framework of a comprehensive agenda to diversify the economy.
Saudi Arabia plans for a project of artificial intelligence worth $ 100 billion; It also works to build cloud data and infrastructure centers to support this effort.
Al -Khutani said: “With the maturity of this market, and the opportunity is available to us in terms of growth, I think Saudi Arabia will become one of the 10 best markets in the world for Sils Fores.”
“Sells Fores” opened its first office in the Middle East in Dubai in October 2024.
Saudi Arabia excels in artificial intelligence
Last April, the International Monetary Fund had confirmed Saudi Arabia’s progress in the number of databases at the level of the Gulf countries, and its efforts in developing digital structure, accelerated growth in the field of data, and artificial intelligence.
The Fund praised the study prepared under the title “Digital Transformation in the Economics of the Gulf Cooperation Council”, the establishment of Saudi Arabia, an independent body of artificial intelligence “Sayya” in 2019 and the launch of the national strategy for data and artificial intelligence; In order to enhance the country’s position as a global state in this field, in light of the increasing use of artificial intelligence technologies in various developmental and vital fields in the world.
According to the latest reports, the number of data centers registered in Saudi Arabia reached 55 centers until the end of 2024, with expectations to increase this number to 62 centers in the coming years.
