Saudi Arabia's unbeatable AI pitch? Having oil and gas to burn

Saudi Arabia is positioning itself as a future hub for Artificial Intelligence, aiming to compete with the US and China by leveraging its vast and cheap energy resources. The kingdom's main competitive advantage is its ability to provide low-cost electricity, derived from its plentiful oil and natural gas, to power energy-intensive AI data centers. State-backed entities like the Public Investment Fund (PIF) and Saudi Aramco are investing billions to build massive data center capacity. This strategy aims to attract global tech investment by offering significantly lower operational costs compared to other nations.