Riyadh: The Saudi Data and AI Authority (SDAIA) has signed a memorandum of understanding (MoU) with the Saudi Information Technology Company (SITE) to strengthen their cooperation in data, artificial intelligence, cybersecurity, and secure cloud computing.

According to Saudi Press Agency, Chief Business Development Officer at SDAIA, Raed Alfaleh, and Chief Advisory Officer at SITE, Wael Fattouh, signed the MoU during the LEAP25 conference, which is strategically sponsored by SDAIA.

The agreement aims to enhance collaboration between the two sides by exploring joint business opportunities in data and AI and exploring investment prospects. They will also develop strategic partnerships and conduct research and knowledge dissemination in their areas of expertise. Additionally, the partnership will focus on raising awareness across various fields through collaborative studies and publications.

The MoU aligns with SDAIA and SITE’s efforts to develop innovative solutions that support the Kingdom’s digital transformation.