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Saudi Aramco pursues diversification with artificial intelligence center

The Saudi energy giant is flush with cash from oil sales abroad.
Guests attend the Global AI 2020 Summit in the Saudi capital, Riyadh, on Oct. 21, 2020.

Saudi’s state-owned oil company announced today its plan to support artificial intelligence (AI) research in the kingdom. 

Aramco signed a memorandum of understanding with King Abdullah University of Science and Technology north of Jeddah to create a new research center for AI at the educational institution. The center will focus on research, development and marketing of AI technologies, the official Saudi Press Agency reported

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