Saudi Arabia’s locally-made smart chip part of $1bn new tech ...Kuwait

Saudi Arabia announced on Wednesday the creation of its first homegrown smart chip along with a bundle of other high tech initiatives worth 4 billion Saudi Riyals ($1.07 billion) in the country’s bid to boost innovation and global leadership.  The event called Launch was hosted by the Saudi Federation for Cybersecurity, Programming and Drones (SAFCSP), the Ministry of Communications and Information Technology (MCIT), and the Saudi Data and Artificial Intelligence Authority (SDAIA), who have partnered with major tech giants Google, Amazon, IBM, Cisco, Oracle, Microsoft, Trend Micro and Avance Security. The smart chips are designed for military, civil and commercial appl

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