NEOM AI Challenge Continues to Welcome the Projects of Innovators and Entrepreneurs

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.

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