Riyadh, October 22, 2020, SPA -- The Global AI Summit, which was held under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, was concluded today. It was held under the title "AI for the Good of Humanity" and was organized by the Saudi Data and Artificial Intelligence Authority (SDAIA). During the summit, the speech of His Royal Highness the Crown Prince was delivered on his behalf by Dr. Abdullah bin Sharaf Al-Ghamdi, SDAIA's President. The speech emphasized that the year 2020 is extraordinary year to test the potential of artificial intelligence (AI), as we witness the formation of a new global normal that is redefining our ways of life, working and learning. The events of the two-day summit were watched by more than four and a half million viewers via live broadcast, through the various live broadcast channels available on social media. The summit included 30 sessions, in which nearly 60 speakers participated, including ministers, leaders of global entities, academics, investors, and entrepreneurs from 20 countries. The summit aimed to create a global destination for AI activities in Riyadh, where the summit will be held annually to discuss the reality, future and issues of AI and shed light on the latest research and technologies in this field. The summit discussed the role of AI in life and the future, and means of transition to the new era characterized by rapid change. The summit promised to chart the future of AI collectively and without exceptions, as the Kingdom of Saudi Arabia launched international cooperation opportunities with global partners to enable this promise, and unleash the potential of AI for the good of humanity. During the first day of the summit, the Kingdom launched the National Strategy for Data and Artificial Intelligence (NSDAI) with an ambitious vision to make the best of data and AI a tangible reality. The strategy aims to play a pivotal role in shaping the future of data and AI at the national and global levels. --More 01:57 LOCAL TIME 22:57 GMT 0024 Global AI Summit Concluded with Number of International Initiatives, Partnerships 2 Riyadh During the Global AI Summit, the Kingdom signed three strategic agreements with IBM, Alibaba, and Huawei, in addition to signing a memorandum of understanding with the International Telecommunication Union (ITU) to develop a global framework that supports international cooperation in AI field. The Kingdom of Saudi Arabia, represented by SDAIA, worked with the World Bank on a joint initiative, as part of the Kingdom's endeavor to enhance, develop and accelerate AI technologies and digital economy in developing countries. In addition to hosting an advisory session in cooperation with the United Nations, to establish an advisory body on global cooperation in AI field, to address issues around integration, coordination and building capabilities. At the end of the summit, NEOM Challenge and AI Artathon winners were announced and received prizes worth more than one million Saudi riyals, with the participation of Minister of Education, Dr. Hamad bin Mohammed Al Al-Sheikh, and the CEO of NEOM, Eng. Nadhmi Al-Nasr. Global AI Summit came on the sidelines of the Kingdom hosting the G20 Summit, and within the framework of the Kingdom's endeavor to achieve its aspirations for global leadership through data and AI based economy, stressing the importance of international cooperation in order to use AI for the good of humanity, highlighting SDAIA's role in the strategic leadership of the alternative economy, in cooperation with many relevant authorities to contribute in achieving Kingdom's Vision 2030. —SPA 01:57 LOCAL TIME 22:57 GMT 0025 www.spa.gov.sa/w1434332