A conference in Saudi Arabia has announced several launches and investments worth $764 million for major global companies in a move to enhance the kingdom's position as a regional center for technology and innovation and to expand its digital economy. Among the announcements were expansions in telecommunication infrastructure and system management, the creation of a center for the development of digital technology, and a partnership to create the world's largest artificial intelligence computing center. Additionally, a collaboration between two companies aims to increase industrial system security in the region. Other announcements include the creation of a regional logistics center and the expansion of a maintenance center, with the addition of 5G technology solutions. HONOR, a company operating in the region, also announced the expansion of several initiatives with a $100 million investment.