The second edition of NEOM AI Challenge, launched by the
Saudi Data & AI Authority (SDAIA) in partnership with NEOM, continues to
welcome those wishing to compete in the Challenge until the 10th of November.
NEOM Challenge aims to support innovators and entrepreneurs and build local and
international capacities in small and medium enterprises worldwide to push them
to new heights in innovation.
This Challenge comes within the framework of SDAIA's efforts
to unlock the value of data as a national asset, as well as to contribute to
realizing Vision 2030's objectives. Through this Challenge, SDAIA aspires to
position the Kingdom as a global pioneer in the fields of data and AI. SDAIA
also plays a critical role in raising awareness of AI, promoting and
encouraging continuous AI innovation, and building national capacities that excel
in the field of innovation.
NEOM Challenge, one of the initiatives of the Global AI
Summit, held last September, focuses on using AI technologies to overcome the
challenges faced by NEOM through 3 tracks: Utilizing data-driven AI for
projections & insights in decision-making, AI Adaptive inspection and
Machine executable legislation and AI.
Entrepreneurs can register for the Challenge as a team of 2 -
5 members. Small enterprises are required to have a staff of 6 - 49 employees
and revenues ranging from SAR
3M - 40M per
year to be able to join the Challenge, while medium enterprises are required to
have a staff of 50 - 249 full-time employees and revenues ranging from SAR 40M - 200M per
year.
Each of the winners of the three tracks will receive an
executive contract with NEOM worth SAR
500,000 to develop their innovations and ideas and
turn them into tangible products, as well as to motivate enterprises to offer
the minimum viable product.
You can register for the Challenge and view related
information via the following link: https://neom.globalaisummit.org/en/index.aspx
The first NEOM Challenge was launched during the first
edition of the Global AI Summit in 2020 to find pioneering and innovative
solutions to meet future global challenges. The first edition focused on AI
innovations developed by university students. 400 students from 39 Saudi
universities participated in the first edition of the Challenge. They presented
innovative projects to create a sustainable environment in three critical areas
representing the Challenge paths: energy, entertainment, and transportation.
Source:
www.prnewswire.com
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