The second edition of the NEOM AI Challenge, launched by the Saudi Data & AI Authority (SDAIA) in partnership with NEOM, continues to welcome those who wish to participate in the challenge by November 10th. The NEOM Challenge aims to support innovators and entrepreneurs and build local and international capacity in small and medium-sized enterprises worldwide to take them to new heights of innovation.
This challenge is part of SDAIA’s efforts to unlock the value of data as a national asset and contribute to the Vision 2030 goals. Through this challenge, SDAIA strives to position the Kingdom as a global leader in data and AI. SDAIA also plays a critical role in raising awareness of AI, nurturing and promoting continuous AI innovation, and building national capacities that excel in the field of innovation.
NEOM Challenge, one of the initiatives of the Global AI Summit held last September, focuses on using AI technologies to address the challenges faced by NEOM in three ways: Leveraging data-driven AI for projection and insights of decision-making, AI-adaptive inspection and machine-executable legislation and AI.
Entrepreneurs can register for the challenge as a team of 2 – 5 members. Small businesses must have 6 to 49 employees and revenue between SAR 3 million and 40 million per year to participate in the challenge, while medium-sized businesses must have 50 to 249 full-time employees and revenue from SAR 40 million to SAR 200 million per year .