During the Saudi-US Investment Forum, Palantir's CEO Alex Karp praised Saudi engineers for their meritocracy and criticized Europe for its slow AI adoption. He noted significant receptivity in Saudi Arabia towards AI technology, grounded in strong engineering traditions and a belief in the future. A report highlighted that European organizations lag behind their US counterparts in AI adoption by up to 70%. While Europe excels in AI semiconductor production, it holds a minimal market share in crucial areas like cloud infrastructure.
You're seeing a receptivity in this region, especially in the kingdom, on the back of people who have a deep tradition in engineering excellence and believe in their own future.
Obviously, the great contradistinction here is Europe, where, you know, it's like people have given up, and we - I really hope that turns around in Europe.
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