The Saudi Minister of Communications and Information Technology Abdullah Alswaha has held a series of meetings with leaders of global technology and investment firms during the first day of his visit to Silicon Valley in California.

 The meetings focused on strengthening investments and partnerships in artificial intelligence (AI), computing capabilities, and deep technologies, as well as supporting the growth of Saudi startups and their expansion into global markets, a Saudi Press Agency (SPA) report said.

Alswaha met Co-Founder and General Partner at Andreessen Horowitz Ben Horowitz to discuss expanding the firm’s investments in the Kingdom of Saudi Arabia and in Saudi startups. 

The meeting also addressed connecting companies within its investment portfolio with Humain’s computing capabilities to support their expansion in the kingdom and the region, while enabling Saudi companies to access global markets.

He also met the Partner at Sequoia Capital Alfred Lin to discuss increasing the firm’s investments in Saudi AI and deep-tech companies, connecting companies within its investment portfolio with Humain’s computing capabilities, and supporting the growth and global expansion of Saudi companies.

In the field of advanced technologies, Alswaha met CEO and Co-Founder of TenX Semi Dr Suk Hwan Lim to discuss the use of AI agents in chip design and verification, accelerating development cycles, and applying autonomous design technologies to support the development of advanced semiconductor design capabilities in the kingdom. These meetings are part of Saudi Arabia’s efforts to attract high-value investments in AI and advanced technologies, while supporting the growth and global expansion of Saudi startups, reinforcing the kingdom’s position and enhancing the competitiveness of its digital economy globally.—TradeArabia News Service