{"publisher":"Cicada (cicadaconsultancy.online)","license":"https://creativecommons.org/licenses/by/4.0/","attribution":"Cite as: Cicada (cicadaconsultancy.online)","docs":"https://cicadaconsultancy.online/llms.txt","item":{"id":"leap24-opens","event_date":"2024-03-04","published":"2026-10-03","category":"events","importance":2,"title":{"en":"LEAP24 opens in Riyadh with $11.9bn in announced investments","ar":"انطلاق ليب 2024 في الرياض باستثمارات معلنة بقيمة 11.9 مليار دولار"},"summary":{"en":"LEAP 2024 ran from 4 to 7 March 2024 at the Riyadh Exhibition and Convention Center. Communications Minister Abdullah Alswaha announced $11.9 billion in new investments, led by the $5.3 billion AWS cloud region and DataVolt's $5 billion data center plan, plus IBM ($250 million) and ServiceNow ($500 million). Aramco unveiled its Metabrain industrial AI model at the event. Other reports put total announcements at more than $13 billion and at about $12 billion.","ar":"عُقد مؤتمر ليب 2024 من 4 إلى 7 مارس 2024 في مركز الرياض للمعارض والمؤتمرات. وأعلن وزير الاتصالات وتقنية المعلومات عبدالله السواحه عن استثمارات جديدة بقيمة 11.9 مليار دولار، تصدّرتها منطقة أمازون ويب سيرفسز السحابية بـ5.3 مليار دولار وخطة «داتافولت» لمراكز البيانات بـ5 مليارات دولار، إضافة إلى آي بي إم (250 مليون دولار) وسيرفس ناو (500 مليون دولار). وكشفت أرامكو خلال المؤتمر عن نموذجها الصناعي «ميتابرين». وأشارت تقارير أخرى إلى أن إجمالي الإعلانات تجاوز 13 مليار دولار، وإلى أنه بلغ نحو 12 مليار دولار في تقارير غيرها."},"entities":["LEAP","AWS","DataVolt","IBM","ServiceNow","Aramco"],"figures":[{"label":"announced investments","label_ar":"الاستثمارات المعلنة","value":11.9,"unit":"USD bn"}],"sources":[{"url":"https://gulfbusiness.com/leap-2024-aws-ibm-dell-commit-11bn-investments/","publisher":"Gulf Business","title":"LEAP 2024: AWS, IBM, Dell and other tech firms commit massive $11.9bn in investments","published":"2024-03-05"},{"url":"https://www.middleeastainews.com/p/aramco-reveals-250b-llm-gaia-backed","publisher":"Middle East AI News","title":"Aramco reveals 250B LLM; GAIA backed by $1 billion funding","published":"2024-03-07"}],"verification":"verified","urls":{"en":"https://cicadaconsultancy.online/en/news/leap24-opens","ar":"https://cicadaconsultancy.online/ar/news/leap24-opens","markdown_en":"https://cicadaconsultancy.online/en/news/leap24-opens.md","markdown_ar":"https://cicadaconsultancy.online/ar/news/leap24-opens.md"},"image":"https://cicadaconsultancy.online/images/articles/leap24-opens.jpg"}}