In a forum to invest in Riyadh, Alex Carb, CEO of the Technology Defense Company, Palttereer, praised Saudi engineers for merit and patriotism – and took over in Europe for its slow adoption of artificial intelligence.
“You see kissing in this region, especially in the Kingdom,” Carb said at the Saudi Investment Forum on Tuesday. “But acceptance on the back of people with a deep tradition of engineering excellence, and fully frankly, believe in their future.”
KARP was dealing with a request from the host’s host and the CNBC SARA EISEN to expand in a previous comment that countries and regions that are best to use artificial intelligence are now the United States and the Middle East.
“It is clear that the great contradiction here is Europe, where, as you know, it seems that people have surrendered, and we – I really hope to turn into Europe.”
The conversation came when President Donald Trump received a royal welcome with gold chairs and Arab horses in Riyadh on Tuesday while he started his tour in the Gulf. Trump said it was surrounded by Google, Nvidia, Blackrock executives and others to discuss artificial intelligence, defense and energy with Saudi officials, it aims to secure $ 1 trillion deals.
Based on the October 2024 report published QuantumblackAmnesty International, by McKinsey, European organizations fails its counterparts in the United States by 45 to 70 % in terms of artificial intelligence adoption. While Europe leads to the production of semiconductor equipment of artificial intelligence – machines and tools used to manufacture semiconductors – the report said Europe It has less than 5 % of the market share in areas such as raw materials, cloud infrastructure and super computers.
“The opportunity is still wide open, but Europe started from a defect,” the report wrote.
Europe is also famous for more strict artificial intelligence systems. On August 1, 2024, Europe enacted the law of artificial intelligence, which is the first legal framework ever on artificial intelligence, and established the Amnesty International Office to oversee the implementation of these regulations.
Artificial Intelligence Law is just one part of a broader set of measures that the European Union said is “artificial intelligence worthy of confidence”, “ Which explicitly banned practices such as manipulation of artificial intelligence and deception, identifying the biometric in actual time for law enforcement purposes in public places, and evaluating the risk of individual criminal procedures.
According to the artificial intelligence law, artificial intelligence methods, such as surgery with the help of robot and credit registration, are classified as “high -risk” and subject to strict scrutiny.
The most famous European AI company that raised the largest number of funds is Mistral French Ai, which is supported by more than a billion euros in financing. The company recently excluded the answer to Europe to Openai, and is looking forward to the public subscription while pushing the open source AI and “Le Chat” chaatbot to the new markets.
