Pasqal and Eleven Ventures announced an agreement to establish a commercial joint venture to deploy and scale Pasqal’s quantum computing systems across the Kingdom of Saudi Arabia and the broader MENA region, coinciding with the State Visit of the Kingdom of Saudi Arabia to France on August 24, 2026. The venture is designed to advance the Kingdom’s Vision 2030 ambitions in artificial intelligence and advanced computing, positioning the Kingdom as a regional hub for quantum technology.
Pasqal and Eleven Ventures will build quantum computers in Saudi Arabia
Pasqal and Eleven Ventures announced an agreement to establish a commercial joint venture to deploy and scale Pasqal’s quantum computing systems across the Kingdom of Saudi Arabia and the broader MENA region, coinciding with the State Visit of the Kingdom of Saudi Arabia to France on August 24, 2026. The venture is designed to advance the Kingdom’s Vision 2030 ambitions in artificial intelligence and advanced computing, positioning the Kingdom as a regional hub for quantum technology.