Riyadh, Kingdom of Saudi Arabia, 11 September 2024  

The Saudi Company for Artificial Intelligence (SCAI) and Beyond Limits today announced the signing of a Memorandum of Understanding (MoU) to spearhead innovation and drive growth within strategic sectors through cutting-edge technology. This MoU sets the stage for a dynamic partnership with a shared ambition to harness the full potential of advanced AI technologies such as Hybrid AI, Computer Vision, Generative AI, and Data Operations. 

The signing took place during The Global AI Summit (GAIN) between Abdullah Aljawini, Chief Partnership and Investment Officer at SCAI, and Raif Aseeri, Vice President & KSA Country Executive of Beyond Limits, with a commitment to explore collaborative initiatives that align with the Kingdom's Vision 2030.   

"This MoU is a testament to our dedication to driving innovation through AI and emerging technologies," said Mr. Aljawini. "Our partnership with Beyond Limits is a key element of our broader goal to foster the growth of AI systems and advanced technologies, generating lasting value both within Saudi Arabia and on a global scale " 

Mr. Rami Qasem, EVP & Chief Commercial Officer of Beyond Limits, shared his optimism about the partnership, stating, “Beyond Limits unique industrial-grade AI software has a proven track record in demanding sectors including energy, space and manufacturing. This collaboration with SCAI will further demonstrate the power of our Hybrid AI Platform across key growing sectors in the Kingdom.This collaboration marks an important milestone for our company. We are thrilled to be working with SCAI and we’re ready to tap into groundbreaking opportunities and fully harness the power of AI together for substantial impact globally.” 

The partnership reflects SCAI’s and Beyond Limits’ dedication to exploring opportunities that go beyond the traditional scope of AI applications, signifying a commitment to transform the way industries operate and interact with technology.