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Saudi Tourism Commission Launches Holo Journey Project

A Saudi man walking near ancient tombs at the Khuraiba archaeological site near Saudi Arabia’s northwestern town of al-Ula. (AFP)
A Saudi man walking near ancient tombs at the Khuraiba archaeological site near Saudi Arabia’s northwestern town of al-Ula. (AFP)
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Saudi Tourism Commission Launches Holo Journey Project

A Saudi man walking near ancient tombs at the Khuraiba archaeological site near Saudi Arabia’s northwestern town of al-Ula. (AFP)
A Saudi man walking near ancient tombs at the Khuraiba archaeological site near Saudi Arabia’s northwestern town of al-Ula. (AFP)

The Saudi Commission for Tourism and National Heritage (SCTH) launched on Monday the Holo Journey project, the first application in the world that integrates three innovative technology solutions, reported the Saudi Press Agency.

The project aims to bolster tourism and the Kingdom’s national heritage.

The SCTH’s launch of the application is an unprecedented global achievement in the field of digital transformation and confirms its role as a major player in global technology.

Commission Vice President for Support, Dr. Abdulaziz bin Mohammed Al Al-Sheikh stressed that the achievement is in line with SCTH President Prince Sultan bin Salman bin Abdulaziz’s vision to remain abreast the latest technologies that serve Saudi Arabia’s tourism sector.

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Microsoft Plans to Invest $80 billion on AI-enabled Data Centers in 2025

FILE PHOTO: A Microsoft logo is pictured on a store in the Manhattan borough of New York City, New York, US, January 25, 2021. REUTERS/Carlo Allegri/File Photo
FILE PHOTO: A Microsoft logo is pictured on a store in the Manhattan borough of New York City, New York, US, January 25, 2021. REUTERS/Carlo Allegri/File Photo
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Microsoft Plans to Invest $80 billion on AI-enabled Data Centers in 2025

FILE PHOTO: A Microsoft logo is pictured on a store in the Manhattan borough of New York City, New York, US, January 25, 2021. REUTERS/Carlo Allegri/File Photo
FILE PHOTO: A Microsoft logo is pictured on a store in the Manhattan borough of New York City, New York, US, January 25, 2021. REUTERS/Carlo Allegri/File Photo

Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence (AI) models and deploy AI and cloud-based applications, the company said in a blog post on Friday.
Investment in AI has surged since OpenAI launched ChatGPT in 2022, as companies across sectors seek to integrate artificial intelligence into their products and services.
AI requires enormous computing power, pushing demand for specialized data centers that enable tech companies to link thousands of chips together in clusters.
Microsoft has been investing billions to enhance its AI infrastructure and broaden its data-center network.
Analysts expect Microsoft's fiscal 2025 capital expenditure including capital leases to be $84.24 billion, according to Visible Alpha.
The company's capital expenditure in the first quarter of fiscal 2025 rose 5.3% to $20 billion, Reuters reported.
As OpenAI's primary backer, the tech giant is considered a leading contender among Big Tech companies in the AI race due to its exclusive partnership with the AI chatbot maker.
More than half of Microsoft's $80 billion investment will be in the United States, Vice Chair and President Brad Smith said in the blog post.
"Today, the United States leads the global AI race thanks to the investment of private capital and innovations by American companies of all sizes, from dynamic start-ups to well-established enterprises," Smith said.