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Saudi Arabia launches company to develop artificial intelligence under PIF

By Thomson Reuters May 12, 2025 | 6:29 AM

DUBAI (Reuters) -Saudi Arabia’s Crown Prince Mohammed bin Salman launched a new company under the Public Investment Fund (PIF) to develop and manage artificial intelligence technologies, the state news agency reported on Monday.

(Reporting by Tala Ramadan and Jana Choukeir; Editing by Louise Heavens)