Pasqal and Eleven Ventures will build quantum computers in Saudi Arabia

HRH Prince Abdulaziz Bin Turki Bin Talal will chair the board of Pasqal Arabia, a new commercial venture established by Pasqal and Eleven Ventures to deploy multiple quantum computing systems within the Kingdom of Saudi Arabia and across the broader MENA region. The announcement coincides with the Kingdom of Saudi Arabia’s State Visit to France, signaling a strengthening of cooperation in quantum computing and artificial intelligence. “We believe that quantum computing is at a similar stage to where artificial intelligence was a few years ago, poised for significant change,” said Prince Abdulaziz Bin Turki Bin Talal, aiming to position the Kingdom as a regional hub for the developing technology and advance its Vision 2030 ambitions. Pasqal and Eleven Ventures Scale Quantum Computing in Saudi Arabia This initiative intends to position Saudi Arabia as a regional hub for quantum technology, directly supporting the nation’s Vision 2030 goals for advancement in artificial intelligence and computing. The joint venture will build local talent and expertise to develop quantum computing within the Kingdom, rather than simply accessing it from abroad. “The Kingdom has moved faster than most markets to turn advanced computing into national capability,” said Dr. Wasiq Bokhari, Chief Executive Officer of Pasqal. “We believe this joint venture places Pasqal’s quantum systems inside the Kingdom, designed to scale with the region’s ambition.” The venture plans to deploy systems in the Kingdom in the coming years, offering commercial access to quantum infrastructure and addressing growing regional demand for high-performance computing. Pasqal, founded in 2019, currently employs approximately 300 people and serves over 25 clients and partners including Saudi Aramco and LG Electronics, the company says. This time, the Kingdom and the region are not observing from a distance, but are taking the lead, and Pasqal is a partner that shares that ambition. Together, the companies plan to deploy real systems, train a generation of quantum computing professionals, and establish the Kingdom as a center for this technology in the region. We believe that quantum today is where AI stood a few years ago, on the edge of changing everything. The difference is that this time, the Kingdom and the region are not watching from a distance, we are moving first, and in Pasqal we found a partner that will not wait either. HRH Prince Abdulaziz Bin Turki Bin Talal, Chairman of the Board of Pasqal Arabia Source: https://www.pasqal.com/newsroom/pasqal-and-eleven-ventures-establish-commercial-joint-venture-to-scale-quantum-and-ai-computing-across-saudi-arabia-and-the-broader-mena-region/ Stay currentSee today’s quantum computing news on Quantum Zeitgeist for the latest breakthroughs in qubits, hardware, algorithms, and industry deals. Tags: The Neuron With a keen intuition for emerging technologies, The Neuron brings over 5 years of deep expertise to the AI conversation. Coming from roots in software engineering, they've witnessed firsthand the transformation from traditional computing paradigms to today's ML-powered landscape. Their hands-on experience implementing neural networks and deep learning systems for Fortune 500 companies has provided unique insights that few tech writers possess. From developing recommendation engines that drive billions in revenue to optimizing computer vision systems for manufacturing giants, The Neuron doesn't just write about machine learning—they've shaped its real-world applications across industries. Having built real systems that are used across the globe by millions of users, that deep technological bases helps me write about the technologies of the future and current. Whether that is AI or Quantum Computing. Latest Posts by The Neuron: Researchers bypass complexity limits in quantum learning August 24, 2026 Brown leaders discuss AI’s impact on learning and integrity August 23, 2026 WiMi builds quantum network for better data sorting August 21, 2026