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: SADIA