PIF-owned SCAI partners with Lean to develop AI solutions for healthcare sector 

Under the terms of the agreement, SCAI —  fully owned by the Public Investment Fund —  and Lean will collaborate on taking AI-driven technologies to the next level. (Supplied)
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RIYADH: The Saudi Company for Artificial Intelligence has signed an agreement with healthcare management solutions provider Lean to explore the development of AI-powered solutions for the Saudi healthcare sector.

Under the terms of the agreement, SCAI —  fully owned by the Public Investment Fund —  and Lean will collaborate on taking AI-driven technologies to the next level to deliver innovative healthcare solutions, a statement showed.

This collaboration reflects the two companies' shared commitments to serve the healthcare sector nationwide through sustainable projects and services driven by public-private partnerships, according to Lean CEO, Mohanned AlRasheed.

SCAI CEO Ayman AlRashed said they seek to strengthen the role of Big Data in creating smarter, technology-based economic sectors that “enhance the quality of living across the Kingdom and directly support the objectives of Vision 2030.” 

SCAI said it aims to position Saudi Arabia as a global AI leader by supporting local firms as they develop AI solutions.

The company has announced an investment of $776 million in a joint venture with China’s SenseTime to develop the AI ecosystem in the nation. The announcement was made by Al-Rashed, during the Global AI Summit in Riyadh on Sept.13.