As part of the agreement, the Riyadh venture capital firm will also have the option to increase its investment in the future.
The spending is part of King Abdullah University of Science and Technology’s strategy to promote economic diversification and create new technical jobs.
Concerns raised relating to air-traffic control must be urgently addressed, says the report.
The new program will contribute to the Kingdom’s Green Initiative.
The technology shortens testing from 4 days to 8 minutes, according to experts.
Around 73% of gamers use smartphones in the Kingdom to play online, according to a YouGov survey.
As operational expenses for AI soar, the race is on to purchase as many high-performance Nvidia chips as possible.
The game lets players make predictions on live Serie A matches and regional leagues in order to win prizes.
The licenses will be 90% subsidized and support the emirate's push to transform itself into a digital society.
The project will add 1,800 megawatts of power, making Rashid Al Maktoum Solar Park the largest single-site facility in the world.