Commenting on the announcement, Jamie Dimon, Chairman and Chief Executive Officer, JPMorgan Chase, said: “I am looking forward to attending the Future Investment Initiative in Riyadh to discuss innovation in technology and what it means to all of us. Overall, technology is the greatest thing that has ever happened to mankind. Artificial intelligence, big data and machine learning are helping JPMorgan Chase reduce risk and fraud, upgrade service, improve underwriting and enhance marketing across the firm. We know technology has been a great force, and for the benefit of all of us, that force should not be left unleashed.” “Political, economic and technological changes pose individual challenges for all businesses and governments, but the most intractable problems require a truly global response,” said John M. Flint, Executive Director & Group Chief Executive of HSBC Holdings PLC. “The public and private sectors have no choice but to work together to maximise the benefits of human ingenuity while managing its disruptive impacts. Sharing ideas and sharpening our focus on the problems we have in common are essential steps towards building a sustainable economy for all.” Rajeev Misra, CEO, Softbank Vision Fund, SB Investment Advisers said: “FII is a unique event that brings together visionaries across business, government and technology who are collectively shaping the future of global investment. We share a common ambition to create an ecosystem that harnesses the world's most transformative technologies, to the benefit of humanity. Through the Vision Fund, we are striving to bring many of these businesses to the Middle East which we believe will support innovation, job creation and unlock new economic opportunities. We look forward to sharing our insights with the FII community.” Further updates about the 2018 program, partners and speakers are available at www.futureinvestmentinitiative.com. --SPA 17:29 LOCAL TIME 14:29 GMT 0027 www.spa.gov.sa/w756986