Saudi Digital Regulatory Academy Holds 'Advanced Digital Regulatory Program' in Collaboration with ITU

A view shows vehicles driving on a street in the Saudi capital, Riyadh. Reuters file photo
A view shows vehicles driving on a street in the Saudi capital, Riyadh. Reuters file photo
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Saudi Digital Regulatory Academy Holds 'Advanced Digital Regulatory Program' in Collaboration with ITU

A view shows vehicles driving on a street in the Saudi capital, Riyadh. Reuters file photo
A view shows vehicles driving on a street in the Saudi capital, Riyadh. Reuters file photo

The Saudi Communications, Space, and Technology Commission's Digital Regulatory Academy (DRA) held the “Advanced Digital Regulatory Program" in collaboration with the International Telecommunications Union (ITU), with the participation of over 50 specialists from National Regulatory Committee members and telecommunication service providers in the Kingdom.

The program aims to develop national cadres, leverage international best practices, and enhance the efficiency of the Kingdom's regulatory environment.

The training program covered the fundamentals of collaborative regulatory governance, data protection and privacy in the digital environment, strategic practices in digital regulation, and regulatory aspects of emerging technologies.

The program is part of the DRA collaborations with pioneering international organizations to achieve its strategic objectives in the information and communication technology (ICT) sector and accelerate Saudi Arabia’s digital transformation.



OpenAI Secures $4 bln Credit Facility

The OpenAI logo is seen in this illustration taken, February 3, 2023. (Reuters)
The OpenAI logo is seen in this illustration taken, February 3, 2023. (Reuters)
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OpenAI Secures $4 bln Credit Facility

The OpenAI logo is seen in this illustration taken, February 3, 2023. (Reuters)
The OpenAI logo is seen in this illustration taken, February 3, 2023. (Reuters)

OpenAI said on Thursday it has secured a new $4 billion credit facility, in addition to the $6.6 billion investment the AI startup unveiled on Wednesday.

The revolving credit facility that is undrawn at closing has been established with JPMorgan Chase, Citi, Goldman Sachs, Morgan Stanley, Santander, Wells Fargo, SMBC, UBS and HSBC, Reuters reported.

The company now has access to over $10 billion in liquidity, OpenAI said in a blog post.