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deep tech CXO Insight Middle East July 02, 2026

Magna AI, Naver Innovation to advance Saudi Arabia’s sovereign AI future

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Magna AI announced a strategic partnership with Naver Innovation Company. The agreement was formalised at the Global AI Show Riyadh by Dr Moataz Bin Ali, CEO of Magna AI, and Yaser Alobaidan, CEO of Naver Innovation, marking a significant step toward advancing the Kingdom’s sovereign AI ambitions. Saudi Arabia is rapidly establishing itself as a global AI leader, combining ambitious national investments with a strong focus on trusted and responsible innovation.

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