Economy

Alat CEO Reveals How Saudi Arabia Will Revolutionize US AI Infrastructure!

Saudi Arabia Positioned to Lead US Artificial Intelligence Infrastructure Development

Alat CEO Amit Midha Discusses Future Collaborations at Milken Institute Global Conference

At the recent Milken Institute Global Conference in California, Alat CEO Amit Midha shared insights on the company’s upcoming projects and partnerships in the technology sector. Launched by Saudi Crown Prince Mohammed bin Salman, Alat is at the forefront of manufacturing semiconductors and cutting-edge smart technologies.

Midha emphasized the potential for Saudi Arabia to play a vital role in supporting the US in building AI infrastructure. He stated, “We can be meaningful builders and supporters for US captaincy of building AI infrastructure.”

Saudi Arabia’s Ambitions in Advanced Technology

Saudi Arabia’s ambitions in advanced technology extend beyond manufacturing to establishing data centers, fostering AI enterprises, and enhancing semiconductor production. In parallel, the US has urged Abu Dhabi-based AI firm G42 to divest from Chinese technology to ensure continued access to US systems powering AI applications.

Midha addressed the importance of maintaining separate manufacturing and supply chains with China to avoid any potential issues for US partnerships. He stated, “If the partnerships with China would become a problem for the US, we will divest.”

US-Saudi Dialogues on Technology and National Security

US officials have been in discussions with their Saudi counterparts regarding the need for Saudi Arabia to choose between Chinese and American technology as it advances its semiconductor industry. These dialogues are crucial for national security considerations.

Midha emphasized the significance of forming secure and reliable partnerships with the US, highlighting the US as the top partner and market for AI, chips, and semiconductor industry.

Upcoming Partnerships with US Tech Companies

Alat is set to announce collaborations with two US tech companies by the end of June, with plans for co-investment alongside a US firm. While details of the partnerships remain undisclosed, Midha hinted at a focus on AI, chips, or a combination of both.