2nd Global AI Summit to Kick off in Riyadh on Tuesday

The Second Global AI Summit will kick off in Riyadh on Tuesday.
The Second Global AI Summit will kick off in Riyadh on Tuesday.
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2nd Global AI Summit to Kick off in Riyadh on Tuesday

The Second Global AI Summit will kick off in Riyadh on Tuesday.
The Second Global AI Summit will kick off in Riyadh on Tuesday.

The Second Global AI Summit will kick off in Riyadh on Tuesday under the patronage of Crown Prince Mohammed bin Salman, Deputy Prime Minister and Chairman of Board of Directors of the Saudi Data and AI Authority (SDAIA), reported the Saudi Press Agency.

Organized by SDAIA, the summit, “Artificial Intelligence for the Good of Humanity”, will witness the participation of more than 10,000 AI policymakers and specialists, senior government officials and major IT companies from around the world.

The event will be held between September 13 and 15.

It will tackle all aspects of AI, including the present, challenges and efforts to benefit from AI technologies.

Participants will provide various presentations that shed light on the latest research and innovations in the field, and exchange expertise and explore investment opportunities.

The summit will feature over 100 panel discussions and workshops.

It will highlight the impact of AI on top sectors, such as smart cities, capacity building, healthcare, transportation, energy, culture, environment, and economic mobility, with the aim of finding solutions to challenges and maximizing benefits from AI technologies.

The summit will witness the signing of more than 40 agreements and memorandums of understanding between the public and private sectors from Saudi Arabia and abroad.



Microsoft to Invest $400 Million in Switzerland on AI, Cloud Computing

A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 21, 2025. REUTERS/Gonzalo Fuentes/File Photo
A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 21, 2025. REUTERS/Gonzalo Fuentes/File Photo
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Microsoft to Invest $400 Million in Switzerland on AI, Cloud Computing

A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 21, 2025. REUTERS/Gonzalo Fuentes/File Photo
A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 21, 2025. REUTERS/Gonzalo Fuentes/File Photo

Microsoft will invest $400 million in Switzerland, the company said on Monday, with the money going towards developing its cloud computing and artificial intelligence infrastructure.

The US tech company announced the investment at a meeting of Swiss Economy Minister Guy Parmelin and its vice chair Brad Smith in Bern.

Microsoft, which employs 1,000 people in Switzerland, did not give details on how many jobs the investment would create, Reuters said.

The money will be used to expand and upgrade its four data centers near Geneva and Zurich, responding to increased demand for AI and cloud computing services in Switzerland, it said.

The expansion will serve existing and new customers and allow data to remain within Swiss borders - an important requirement for sectors like healthcare, finance and government.

Microsoft will also expand its partnership work with small and medium-sized companies and step up training efforts to help people use AI and digital tools.

"Switzerland has created one of the world's leading innovation ecosystems, blending world-class research with real-world applications," Smith said in a statement.