Enough opportunities in Saudi Arabia, Crown Prince woos investors

Talks at Google office cover cyber security cooperation


Saudi Gazette report

CROWN PRINCE Muhammad Bin Salman, deputy premier and minister of defense, Thursday visited Google Company in Silicon Valley in San Francisco. He met with founders of the company Larry Page and Sergey Brin and Google CEO Sundar Pichai and a number of senior officials.

During the meeting, ways of cooperation in the cloud computing services in the Kingdom and promising opportunities in the Digital Transformation Initiative in technology localization and digital environment development in addition to an establishment of research, development and training center for Saudi youth were discussed. They also discussed ways of enhancing cooperation in the area of cyber security, Saudi Press Agency (SPA) said.

The Crown Prince was briefed on a presentation about Google's electronic cloud, artificial intelligence and automated learning. The Crown Prince was accompanied by Prince Khalid Bin Salman, Saudi ambassador to the United States, and the official delegation accompanying the Saudi heir to the throne.

The Crown Prince also met with senior investors in San Francisco, including Member of the Board of Director of Facebook and partner of Palantir Fund; Chairman of the Board of Directors of Clarium Capital; Chairman of Valar Ventures; Chairman of the Board of Directors of Founders Fund Peter Thiel; Founder and Partner at Andreessen Horowitz Marc Andreessen; Chairman of Y Combinator Sam Altman; Vinod Khosla of Mosle Ventures and Co-founder and CEO of Palantir Technologies Alex Karp.

During the meeting, they reviewed the latest investment projects and opportunities, particularly the Kingdom of Saudi Arabia's vision to create an attractive environment for emerging companies with innovative investments.

The Crown Prince also discussed with the investors the trends of current investment and targeted sectors, inviting them to visit the Kingdom to be briefed on the promising opportunities.

The meeting was attended by Prince Khalid Bin Salman and other senior officials.