- Riyadh Office Launch: MemryX to officially open its new office in Riyadh in October 2025, marking a long-term commitment to Saudi Vision 2030.
- Local Talent & Innovation: The company is building local engineering and customer support teams, while hosting its first-ever global Board meeting in the Middle East.
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Strategic Initiatives: Activities include participation in FII 2025, sponsoring the Saudi AI & Edge Computing Hackathon, and fostering AI adoption across government, academia, and industry.
MemryX, a US-based leading innovator in semiconductors and artificial intelligence acceleration, announced a significant expansion of its presence in the Kingdom of Saudi Arabia. Building on its strategic partnership with NEOM and its recent membership in the National Semiconductor Hub, MemryX is accelerating investments in the Kingdom through recruitment, training, partnerships, and local innovation initiatives.
As part of this growth, MemryX will officially inaugurate its new office in Riyadh in October 2025, reinforcing its long-term commitment to Saudi Vision 2030 and its ambition to become a global leader in artificial intelligence and advanced technologies.
Global Leadership and Local Talent
The Riyadh office will be led by seasoned industry veterans, including the company’s General Manager and Vice President of Business Development and Strategic Partnerships, both of whom will be based in Riyadh.
In addition to leadership, MemryX is actively building a local engineering development team and a customer engineering team within the Kingdom. This ensures that Saudi government entities, corporations, and academic institutions will benefit from direct, world-class local support.
Executive Statement
Keith Kressin, CEO of MemryX, commented:
“Saudi Arabia is rapidly transforming into a global hub for artificial intelligence, advanced semiconductors, and digital transformation.
Our investments in the Kingdom not only reflect our confidence in its vision but also underline our commitment to empowering local talent and delivering AI solutions that make communities safer and more efficient.”
Upcoming Activities in Saudi Arabia
MemryX has outlined a series of major activities and initiatives planned for the Kingdom:
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Board of Directors Meeting in Riyadh:
The company hosted its global Board of Directors meeting in Riyadh in late October, marking the first time the board convened in the Middle East. -
Participation in the Future Investment Initiative (FII) 2025:
MemryX will join the world’s leading platform for innovation and investment, highlighting its role as a key contributor to the Kingdom’s AI and semiconductor ecosystem. -
Sponsorship of the Saudi AI & Edge Computing Hackathon:
Scheduled for October 24–25 at Prince Sultan University, the hackathon will provide dozens of Saudi engineers with hands-on experience using MemryX’s cutting-edge hardware and software solutions for artificial intelligence and edge computing.
Long-Term Commitments and Vision
Through these initiatives, MemryX aims to:
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Nurture the next generation of Saudi AI engineers.
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Accelerate AI adoption in infrastructure, safety, and digital services.
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Deepen strategic partnerships across government, academia, and industry.
This expansion highlights MemryX’s broader global strategy: to align with forward-looking markets, invest in local talent, and position itself as a key enabler of the AI-powered digital economy of the future.
