🤖Saudi Arabia plans to invest $40 billion to become a hub of AI technology.
💡The investment aligns with Saudi Arabia's long-term goal of diversifying its economy beyond oil.
💰Saudi Arabia's abundant energy resources make it a favorable location for energy-intensive AI operations.
🌍Attracting top AI talent and competing with established players in the industry may pose challenges.
🇮🇳The investment highlights the need for countries like India to invest more in AI to stay competitive.