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PRIORITY Summit in Miami Highlights Saudi Arabia’s Key Role in Geopolitics, Finance, Technology, and Sports; Southeast Asia, India, U.S., and Saudi Arabia Eyed as Top Investment Destinations by Global Investors in 2025

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BENGALURU, India and MIAMI, Fla., March 4, 2025 /PRNewswire/ — The PRIORITY Summit, hosted by the Future Investment Initiative (FII) Institute in Miami, underscored Saudi Arabia’s growing influence across geopolitics, finance, technology, and sports. The event attracted top leaders from politics, finance, and technology, reinforcing its status as one of the premier global investment conferences.

A major highlight was President Donald Trump’s participation, where he expressed optimism that 2025 would see an end to ongoing global conflicts. He thanked Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud for hosting the U.S.-Russia talks on the Ukraine crisis in Riyadh. The President also invited global investors to continue investing in the U.S.

The summit also served as a call to global investors to participate in multiple opportunities in Saudi Arabia, such as infrastructure, AI, sports, and healthcare, while highlighting opportunities that Saudi investors are keen to pursue internationally. An office to facilitate inbound and outbound investments was announced by the Saudi Minister of Investment, H.E. Khalid bin Abdulaziz Al-Falih, in the presence of Saudi Ambassador to U.S, Princess Reema bint Bandar Al Saud, Abdulrahman Bakir (Managing Director, MISA Americas) and Miami Mayor Francis Suarez.

Public Investment Fund: A Global Powerhouse and a Sovereign Fund with a Difference

H.E. Yassir Al-Rumayyan, Governor of Saudi Arabia’s Public Investment Fund (PIF) and Chairman of FII Institute, highlighted the multiplier effect of the fund’s nearly $1 trillion in assets.

“AI will elevate us, as humans. It will help create jobs as we move from first an agriculture-based economy, then an industrial-based economy. But its true impact depends on how wisely we invest in its development and deployment,” he stated in a conversation with former Google CEO Eric Schmidt. He added that PIF has created 1.1 million direct and indirect jobs domestically and globally, making it a sovereign fund with a difference.

Global Investment Trends: The Four Destinations to Watch in 2025

A high-powered investment panel led by Robert Smith of Vista Equity Partners emphasized that global macro investors cannot ignore the rapidly changing geopolitical climate, trade realignment, and technological advances.

Lisa McGeough, CEO of U.S. Operations at HSBC, highlighted Southeast Asia, India, the U.S., and Saudi Arabia as the four top regions that global investors are most excited about in 2025. She pointed out that:

Southeast Asia stands to benefit from China +1 trade policies.India, with 6.5% GDP growth, “Make in India,” and Digital India initiatives, remains an attractive investment destination.The U.S. continues to attract capital with pro-business policies and a thriving innovation economy.Saudi Arabia continues to be a top priority due to Vision 2030, business-friendly policies, and its role in energy security.

AI, Energy, and Infrastructure: The Next Big Investment Frontiers

As the world transitions into an AI-driven economy, energy emerges as a central pillar of the AI revolution.

During a panel discussion led by Sir Martin Sorrell, industry leaders acknowledged a major constraint in AI development: compute infrastructure shortages. Sarah Friar, CFO of OpenAI, stated that GPU constraints are slowing the release of AI features. Rajit Nanda, CEO of data center company DataVolt, emphasized that the true realization of AI’s potential hinges on energy and data center expansion.

The Saudi Minister of Communications and IT, H.E. Abdullah Alswaha, outlined the country’s rapid digital transformation under Vision 2030, which has led to a $132 billion digital economy, placing Saudi Arabia among the top ten digital economies globally. The Minister also stated that with AI acceleration driving unprecedented energy demand, the global AI industry is projected to require between 60-100 gigawatts.

Professor Kashyap Kompella, CFA, who attended the summit, also noted that “Energy is now a core element of the AI stack”. The first wave of AI Large Language Models showed AI’s big potential, and the next wave of adoption, powered by reasoning models, will intensify energy demands.

According to Professor Kompella, “Nations with energy reserves are well positioned for AI.”

Saudi Arabia’s Renewable Energy Vision: “Shine, Baby, Shine”

The head of PIF, H.E. Al-Rumayyan, noted that Saudi Arabia also has abundant solar and wind energy resources, and their strategy is to have 50% of the energy mix come from renewable sources by 2032.

“The current U.S. mantra is ‘drill, baby, drill.’ At the Paris AI Summit, French President Emmanuel Macron touted ‘plug, baby, plug,’ using nuclear energy to power AI. With this renewable push, the Saudi maxim can be ‘Shine, baby, shine’,” noted Professor Kompella.

FII Institute: A Premier “Action Tank”

Since its establishment in 2017, FII Institute has differentiated itself as a major global forum for investments and impact. Under the leadership of Richard Attias, FII Institute has facilitated $200 billion in investments and has firmly established itself as one of the world’s top platforms for purposeful action and constructive dialogue.

During the summit, the FII Institute announced that Attias will serve as the Chairman of the Executive Committee and appointed Penny Richards as its new CEO to take this legacy of leadership forward.

About RPA2AI Research

RPA2AI Research is an AI industry analyst firm with a presence in India and the U.S. AI Profs is its new advisory arm focused on AI investments, governance, and skilling.

Founder Kashyap Kompella, CFA is the author of two bestsellers, including AI for Lawyers, and his third book, AI Governance and Regulation, is forthcoming in June 2025.

About FII Institute

The Future Investment Initiative (FII) Institute is a global non-profit foundation with an investment arm and a single agenda: Impact on Humanity. Global, inclusive, and data-driven, the Institute brings together the world’s brightest minds to transform ideas into real-world solutions across four critical pillars: Artificial Intelligence & Robotics, Education, Healthcare, and Sustainability.

 

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Kontron Launches Two New KBox F-Series Industrial Computers To Bring Greater Flexibility and Scalability to Industrial Edge Computing

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TAIPEI, Oct. 21, 2026 /PRNewswire/ — Kontron, a leading global provider of IoT/Embedded Computing Technology (ECT), expands its KBox F-Series with the KBox F-203-RPS and KBox F-204-RPS, two compact industrial computers designed to address diverse requirements in intelligent Industry 4.0, edge computing and industrial IoT applications.

Both systems are powered by 12th, 13th or 14th Gen Intel® Core™ i9/i7/i5/i3 S-Series socket-type processors with a TDP of up to 65 W and support up to 96 GB DDR5 memory, providing a scalable computing foundation for demanding industrial applications requiring flexible performance configuration and long-term deployment.

The KBox F-203-RPS offers two LAN configurations with either two or four GbE ports, allowing customers to select the connectivity level that best fits their applications. The dual-LAN configuration provides an efficient solution for general industrial computing, equipment control and edge applications, while the four-LAN configuration offers additional network connectivity for applications involving multiple devices or network segments, such as machine vision, industrial automation and IoT gateways.

For applications requiring greater system expandability, the KBox F-204-RPS provides one PCIe x16 or two PCIe x8 expansion slots, offering the flexibility to integrate graphics, networking, AI acceleration or other add-on cards according to specific application requirements. With support for up to four 2.5-inch SATA HDDs/SSDs, it also provides extensive storage scalability for data-intensive workloads. These capabilities make the KBox F-204-RPS particularly suitable for industrial edge computing, machine vision, video processing and applications requiring additional functionality or large local data storage.

Together, the KBox F-203-RPS and KBox F-204-RPS enable customers to select the configuration that best matches their requirements, from a slimmer, network-focused industrial computer to a highly expandable edge computing platform.

To learn more about KBox F-203-RPS and KBox F-204-RPS, refer to https://www.kontron.com/en/products/kbox-f-203-rps/p301099 and https://www.kontron.com/en/products/kbox-f-204-rps/p311867.

About Kontron

At Kontron, we champion IoT and Industry 4.0, by creating secure, state-of-the-art solutions that span hardware, software and services. Our approach speeds market entry, reduces the cost of ownership, and offers longevity, ensuring our role as your trusted partner in the integration of smart technologies. For more information, please visit www.kontron.com, dial +886-2-2799-2789 or email SalesAsia@kontron.com.

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Mouser Electronics Brings Smart Sensing Solutions to PSECE 2026

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MANILA, Philippines, Oct. 21, 2026 /PRNewswire/ — Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, announces its participation in the 21st Philippine Semiconductor and Electronics Convention and Exhibition (PSECE 2026) from October 26 to 28 at the SMX Convention Center Manila, Philippines. This event underscores Mouser’s commitment to supporting the region’s growing electronics design community with immediate access to cutting-edge technologies.

Visitors are invited to meet the Mouser team at Booth #110-111 to explore new products and practical design resources. The booth features a live demonstration of Würth Elektronik’s smart sensing and visual indication solutions, integrating environmental and motion sensing with programmable visual feedback and wireless connectivity. This interactive display illustrates how modern devices can detect physical conditions and translate them into clear, immediate visual data, addressing the critical need for reliable intelligence in connected systems.

“As we advance into an era of interconnected intelligence, Mouser remains committed to bridging the gap between cutting-edge components and real-world application,” said Daphne Tien, Vice President of Marketing and Business Development at Mouser APAC. “Our presence at PSECE 2026 underscores our dedication to empowering engineers with the tools they need to innovate. We look forward to fostering a vibrant ecosystem where technology translates into tangible progress for the Philippines and beyond.”

Mouser’s participation highlights its strategic objective to strengthen ties with local partners and accelerate the adoption of advanced semiconductor technologies. By providing a platform for knowledge exchange, the company aims to help design communities turn promising prototypes into practical applications.

Attendees will have the opportunity to gather invaluable insights, learn industry best practices, and connect with professionals from across the region. The booth also features interactive activities where visitors can win premium gadgets and engineering tools, making innovative technology more approachable for everyone.

To learn more about Mouser’s presence at PSECE 2026, visit https://www.mouser.ph/psece-seipi/. 

For more Mouser news and our latest new product introductions, visit https://www.mouser.com/newsroom/.

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Workato Launches Self-Serve Platform in Singapore, Opening Enterprise AI to a Broader Community of Builders

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New offering gives developers, students, and customers access to the full power of Workato’s enterprise-grade engine to build AI agents and MCP servers

SINGAPORE, Oct. 21, 2026 /PRNewswire/ — Workato®, the leading Control and Execution Platform for Enterprise AI, today announced the launch of a new self-service offering that gives customers, developers, and students across Asia access to the Workato platform to govern and scale their AI initiatives, including building and productionizing AI agents and MCP servers.

Making AI accessible has been at the heart of Workato’s mission the past several years. Through the AI Institute Alliance, unveiled in September 2025, Workato partnered with leading institutes of higher learning across Singapore, including Nanyang Polytechnic, Republic Polytechnic, Temasek Polytechnic, Singapore Polytechnic, Ngee Ann Polytechnic, the Singapore University of Social Sciences, and the National University of Singapore. The initiative equipped students and educators with automation and AI skills.

The AI Lab, which opened a year later, extended that commitment further into the public sector through its partnership with EDB, and into inclusive hiring through SG Enable.

The newly launched self-serve platform will provide users access to:

A free account to start building immediately, with the option to upgrade to a paid plan, no contract required, as projects growThe ability to build recipes, Agents/Genies, and MCP servers directly on the platformThe same governed, enterprise-grade engine that powers Workato’s largest deploymentsA path built for independent developers, students, and small teams, as well as large enterprises

Since launching in 2026 in North America, Workato has seen rapid growth in the builder community. The platform is enterprise grade, but free to get started. As builders solve problems for their business, they can grow by upgrading to a paid plan. With this launch in Singapore, Workato is making an investment in the local builder community.

“The next era of AI won’t be defined by who has access to intelligence, but by who can turn it into action. We’re putting the same enterprise-grade power trusted by the world’s largest companies into the hands of every builder. We want everyone to be able to transform how their business operates,” said Rishi Mallik, Chief Growth Officer, Workato. 

Workato showcased its self-serve platform and broader community initiatives at World of Workato (WOW) 2026 in Singapore.

Builders can sign up now at https://app.trial.workato.com/users/sign_up_trial?utm_content=sg_wow2026.

About Workato

Workato is the leading Control and Execution Platform for Enterprise AI — the neutral platform enterprises trust to put AI to work across their business. Workato unifies data, applications, and processes into a single platform so AI can reliably orchestrate business processes in production at enterprise scale. Built on more than a decade of running mission-critical processes for over half the Fortune 500 — including Nasdaq, Cisco, Vodafone, Atlassian, and Lucid Motors — Workato turns over 17,000 enterprise systems AI needs to act on into one governed execution layer. For more information, visit workato.com.

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