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Saudi Minister of Communications, Information Technology Meets with Qatari Counterpart

During the meeting, the two ministers discussed ways to expand the strategic partnership between the two countries. SPA
During the meeting, the two ministers discussed ways to expand the strategic partnership between the two countries. SPA
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Saudi Minister of Communications, Information Technology Meets with Qatari Counterpart

During the meeting, the two ministers discussed ways to expand the strategic partnership between the two countries. SPA
During the meeting, the two ministers discussed ways to expand the strategic partnership between the two countries. SPA

Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Swaha has met in Doha with Qatari Minister of Communications and Information Technology Mohammed Al-Mannai.
During the meeting on Tuesday, they discussed ways to expand the strategic partnership between the two countries in the field of digital government and digital economy and to enhance the innovation and entrepreneurship system.

This is in line with the aspirations of the Saudi-Qatari Coordination Council to support and strengthen the partnership between the two countries.
The meeting was attended by several leaders of national technology companies in the fields of business, digital transformation, digital health solutions, and others.

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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.