According to a report released by Amazon Web Services on Tuesday, Saudi Arabia’s AI-native startups are outperforming global and regional peers in strategic execution and commercial growth. The report, titled “Engines of Growth,” surveyed 3,413 startup founders and senior leaders across 20 countries. It found that 72 percent of Saudi AI-native startups have a formal AI strategy, exceeding the global AI-native average of 68 percent. Saudi AI-native startups reported average annual revenue growth of 150 percent, close to the global AI-native average of 156 percent and above the 62 percent recorded by Saudi startups overall. They are almost five times more likely than traditional Saudi startups to generate more than $1 million in annual revenue, and 48 percent generate more than $400,000 in revenue per employee. Cloud adoption is at 98 percent, versus 75 percent of traditional startups, and 63 percent have developed proprietary AI capabilities. Amr Al-Masri, country leader for Saudi Arabia at AWS, attributed the sector’s rapid growth to Saudi Arabia’s investment in digital infrastructure, AI development and startup support under Vision 2030.