AWS says Saudi AI-native startups outpace market with 150% annual revenue growth

An AWS report says Saudi Arabia’s AI-native startups are growing faster than the wider startup market, with stronger revenue gains, more formal AI planning, and greater use of cloud and proprietary AI tools. The report found that 72% of these startups have a formal AI strategy, average annual revenue growth is 150%, and they are about 4.9 times more likely than traditional Saudi startups to pass $1 million in annual revenue. It also said 98% use cloud services and 63% have built proprietary AI capabilities, underscoring the Kingdom’s push to expand its technology sector under Vision 2030.