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Aramco Digital, Intel to Establish 1st Center to Develop Open Radio Access Networks in Saudi Arabia

Aramco Digital and Intel plan to establish Saudi Arabia’s first open radio access networks (Open RAN) center. (SPA)
Aramco Digital and Intel plan to establish Saudi Arabia’s first open radio access networks (Open RAN) center. (SPA)
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Aramco Digital, Intel to Establish 1st Center to Develop Open Radio Access Networks in Saudi Arabia

Aramco Digital and Intel plan to establish Saudi Arabia’s first open radio access networks (Open RAN) center. (SPA)
Aramco Digital and Intel plan to establish Saudi Arabia’s first open radio access networks (Open RAN) center. (SPA)

Aramco Digital and Intel announced on Monday their intention to establish Saudi Arabia’s first open radio access networks (Open RAN) center, which is expected to contribute to driving innovation, promoting technological progress and contributing to the Saudi digital transformation process.

Their cooperation is bound to accelerate the development and application of Open RAN technologies, which will boost the Kingdom's endeavor to establish a robust and flexible telecommunications infrastructure focused on accelerating digital transformation across various industries and fulfilling the Saudi Vision 2030, which envisages technological progress and economic diversification.

Open RAN, a sophisticated model of radio network structure, allows for greater flexibility, interoperability and innovation.

Aramco Digital will provide deep knowledge of the Kingdom's development needs and aspirations, and opportunities for the application of Open RAN technology, along with a unique perspective on the Kingdom's economic landscape, while Intel, a leader in computing and communications technologies, will offer its expertise in Open RAN technologies.

The top areas of collaboration between the two companies include the innovation center, which aims to develop an Open RAN to be the focus of innovation, and promote collaboration between engineers of Aramco Digital and Intel, and researchers and industry experts.

The center also seeks to contribute to the development of local competencies by providing training and practical expertise in Open RAN technology and in rapidly evolving edge computing technology through which data is collected and processed.

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Technology

China's Alibaba Targets $100B in AI and Cloud Revenue over 5 Years

FILE PHOTO: Deepseek and Alibaba logos are seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Deepseek and Alibaba logos are seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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China's Alibaba Targets $100B in AI and Cloud Revenue over 5 Years

FILE PHOTO: Deepseek and Alibaba logos are seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
FILE PHOTO: Deepseek and Alibaba logos are seen in this illustration taken on January 29, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

China’s technology giant Alibaba Group pledged on Thursday a goal of surpassing $100 billion in revenue from its artificial intelligence and cloud businesses over the next five years, which it said would be powered by the AI demand boom.

The announcement of the ambitious target came as the company posted a 67% drop in profit in the latest quarter, even as growth in its cloud business remained robust.

For the October-December quarter, the company, which shifted its focus to cloud and AI technologies in recent years, reported an overall revenue increase of 2% year-on-year to 284.8 billion yuan ($41.4 billion), lower than analysts’ estimates.

Revenue from its cloud business jumped 36% in the quarter to 43.3 billion yuan ($6.2 billion) from a year ago.

CEO Eddie Wu said during an earnings call on Thursday that Alibaba stands to benefit from the “exponential growth in AI demand.” It has been expanding and upgrading its flagship Qwen AI app and consumer-facing chatbot and also provides cloud computing and storage services to commercial customers.

“(There is) enormous and sustained growth momentum of the AI market,” Wu said.

Profit for the quarter was 16.3 billion yuan ($2.4 billion), down from 48.9 billion yuan the same quarter last year, in part due to growing marketing and sales expenses.

The Hangzhou-based company, which started out in e-commerce, has also seen a price war in the food delivery segment over the past months adding pressure to its profitability.

To help drive profit and amid rising costs and growing demand, the company said on Wednesday it would be increasing prices for some AI services by as much as 34%. It also launched the agentic AI tool Wukong this week, in an expansion of its products for commercial customers.

Alibaba’s AI ambitions was also tested recently following the departure this month of Lin Junyang, head of its AI model division Qwen. Last year, the company pledged investments of at least 380 billion yuan ($53 billion) in three years to advance its cloud computing and AI infrastructure.

Chinese tech companies have been stepping up their competitiveness against US rivals and growing their dominance, especially after AI startup DeepSeek sent shock waves across the industry last year.

Technology

Tencent's Quarterly Revenue Rises 13% on Gaming, AI Demand

FILE PHOTO: Tencent's logo is displayed at its booth at the China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 11, 2025. REUTERS/Maxim Shemetov/File Photo
FILE PHOTO: Tencent's logo is displayed at its booth at the China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 11, 2025. REUTERS/Maxim Shemetov/File Photo
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Tencent's Quarterly Revenue Rises 13% on Gaming, AI Demand

FILE PHOTO: Tencent's logo is displayed at its booth at the China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 11, 2025. REUTERS/Maxim Shemetov/File Photo
FILE PHOTO: Tencent's logo is displayed at its booth at the China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 11, 2025. REUTERS/Maxim Shemetov/File Photo

Tencent Holdings reported a 13% increase in fourth-quarter revenue on Wednesday, driven by strong demand for gaming and growth in its artificial intelligence services, cementing its position as China's largest social media and gaming company.

The Shenzhen-based firm posted revenue of 194.4 billion yuan ($28.3 billion) for the three months to December 31, just above the 193.5 billion yuan forecast by analysts polled by LSEG.

Quarterly net profit was 58.26 billion yuan, compared with an average estimate of 57.75 billion yuan.

Tencent has been accelerating AI ⁠investments funded by ⁠its gaming arm as it competes with rivals including Alibaba and ByteDance.

The company is embedding AI across its WeChat messaging and payment app, cloud services and gaming, drawing on an ecosystem of more than one billion users.

Domestic gaming revenue rose 15% to 38.2 billion yuan, while international gaming revenue surged ⁠32% to 21.1 billion yuan. Online advertising revenue climbed 17% to 41.1 billion yuan, boosted by AI-enhanced ad targeting.

Gaming growth was driven by newer titles including "Delta Force" and "Valorant Mobile", alongside established hits "Honor of Kings" and "Peacekeeper Elite".

Revenue in its FinTech and Business Services segment, which includes cloud computing, rose 8% to 60.8 billion yuan. Tencent does not break out cloud revenue separately.

To compete with rivals such as Alibaba Group and ByteDance, Tencent ramped up AI talent acquisition, including hiring ⁠former OpenAI ⁠researcher Yao Shunyu to lead the development of its proprietary Hunyuan large language model.

It spent 1 billion yuan promoting its Yuanbao AI chatbot during the Lunar New Year holiday period to gain market share in China's increasingly crowded AI sector, Reuters reported.

This month, it launched its "OpenClaw" AI product suite, comprising QClaw for individual users, Lighthouse for developers and WorkBuddy for enterprises, as competition intensifies around AI agents - software that can perform multi-step tasks autonomously.

Capital expenditure for 2025 totaled 79.2 billion yuan, compared to 76.8 billion yuan in 2024.

Technology

Samsung Elec and AMD Sign MoU on AI Memory, Explore Foundry Partnership

FILE PHOTO: The logo of Samsung Electronics is seen at the company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo
FILE PHOTO: The logo of Samsung Electronics is seen at the company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo
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Samsung Elec and AMD Sign MoU on AI Memory, Explore Foundry Partnership

FILE PHOTO: The logo of Samsung Electronics is seen at the company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo
FILE PHOTO: The logo of Samsung Electronics is seen at the company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji/File Photo

Samsung Electronics and Advanced Micro Devices (AMD) signed a memorandum of understanding to expand their strategic partnership on memory chip supplies for artificial intelligence infrastructure, the companies said on Wednesday.

The agreement will focus on supplying Samsung's next-generation high-bandwidth memory (HBM4) for AMD's upcoming Instinct MI455X AI accelerators, as well as optimized DDR5 memory for AMD's sixth-generation EPYC processors, they said in a statement.

The companies will also discuss opportunities for a foundry partnership, under which Samsung could provide contract chip manufacturing services ⁠for next-generation AMD ⁠products.

Under the agreement, Samsung will position itself as a key HBM4 supplier for AMD's next-generation AI GPUs, Reuters reported. The South Korean firm has already been a primary HBM supplier for AMD, supplying HBM3E chips used in AMD's MI350X and MI355X accelerators.

The ⁠agreement comes during the week of Nvidia's annual developer conference GTC, where CEO Jensen Huang on Monday announced a foundry partnership with the Korean firm and praised its HBM4 chips.

The tie-up highlights a broader race among global chipmakers to lock in long-term supply partnerships for advanced memory, as AI-driven demand reshapes the semiconductor industry and tightens supply of HBM chips.

Last month, AMD said it had agreed ⁠to sell ⁠up to $60 billion worth of AI chips to Meta Platforms over five years, a deal that allows the Facebook owner to purchase as much as 10% of the chips. AMD signed a similar deal with OpenAI last year.

Samsung, the world's largest memory chipmaker, has been seeking to narrow the gap with rivals in the fast-growing HBM segment. It holds about a 22% share of the global HBM market, compared with market leader SK Hynix's 57%, according to Counterpoint.