PIF and Google Cloud sign deal for Saudi global AI hub near Dammam
By Cicada DeskEvent date: 1 min read
Added to the archive: Last verified:
In brief
At FII8, the Public Investment Fund (PIF) and Google Cloud announced a partnership to create a global AI hub near Dammam in the Eastern Province, with research on Arabic models and Saudi-specific AI applications and AI programs for millions of students and professionals.
At FII8, the Public Investment Fund (PIF) and Google Cloud announced a partnership to create a global AI hub near Dammam in the Eastern Province, with research on Arabic models and Saudi-specific AI applications and AI programs for millions of students and professionals. The announcement cited a GDP contribution of up to $71 billion over eight years.
In May 2025 the partners said the hub, to be launched with HUMAIN, would be a $10 billion joint investment expanding Google's Dammam region, with TPUs and GPUs.
Key figures
- $10bnjoint investment (stated May 2025)
- $71bnGDP contribution estimate
Sources
This report is compiled from the sources below. Cicada links to every source we rely on.
- 1PIF and Google Cloud to create advanced AI hub in Saudi Arabia Google Cloud Press Corner · 30 Oct 2024
- 2Google Cloud and PIF Advance AI Hub in Saudi Arabia Google Cloud Press Corner · 13 May 2025
- 3PIF and Google Cloud join forces to create advanced AI hub in Saudi Arabia W.Media
Archive report. Written in 2026 from contemporary sources and dated to the day the event happened.
Cite this story
Cicada Desk. "PIF and Google Cloud sign deal for Saudi global AI hub near Dammam". Cicada, 30 October 2024. https://cicadaconsultancy.online/en/news/pif-google-cloud-ai-hub-announced-2024
Free to quote and reuse with attribution under CC BY 4.0.
