Dahua Technology, a Chinese provider of video-focused artificial intelligence of things (AIoT) solutions and services, and Al Alat Company, a wholly-owned subsidiary of the Public Investment Fund of Saudi Arabia, have signed a memorandum of understanding to establish the company’s first overseas manufacturing facility. Dahua Technology in Saudi Arabia. The Alphegio joint venture seeks to develop a highly automated manufacturing center for industry-leading AI products and smart solutions in the urban infrastructure and commercial sectors, with a total investment of US$200 million.
Dahua Technology establishes a joint venture with Alat supported by the Public Investment Fund
