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Arab League to Hold Regional Meeting on Intellectual Property, AI on Wednesday

Arab League foreign ministers meet during an annual meeting in Cairo, Egypt. File/AP
Arab League foreign ministers meet during an annual meeting in Cairo, Egypt. File/AP
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Arab League to Hold Regional Meeting on Intellectual Property, AI on Wednesday

Arab League foreign ministers meet during an annual meeting in Cairo, Egypt. File/AP
Arab League foreign ministers meet during an annual meeting in Cairo, Egypt. File/AP

The Arab League's Intellectual Property and Competitiveness Unit is scheduled to hold a regional meeting on intellectual property and artificial intelligence (AI) on Wednesday via videoconference. The meeting will feature the participation of several experts from the World Intellectual Property Organization, as well as representatives of government intellectual property offices in Arab countries.
In a statement, Minister Plenipotentiary and Director of the Legal Affairs and Intellectual Property and Competitiveness Unit at the Arab League Dr. Maha Bakhit said that the meeting's agenda includes several topics, such as the best ways to use intellectual property to support AI development, the impact of AI on patents, legislative efforts aimed at addressing the legal challenges posed by AI, and the implications for AI copyright, SPA reported.
Bakhit added that the meeting aims to utilize intellectual property to protect AI models, bring about significant improvements in intellectual property services, and achieve tangible development in the delivery and management of services in intellectual property offices.

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Oracle to Invest $6.5 Bn in Malaysian Cloud Services Region

(FILES) US multinational computer technology company Oracle's logo is pictured at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2024. (Photo by PAU BARRENA / AFP)
(FILES) US multinational computer technology company Oracle's logo is pictured at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2024. (Photo by PAU BARRENA / AFP)
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Oracle to Invest $6.5 Bn in Malaysian Cloud Services Region

(FILES) US multinational computer technology company Oracle's logo is pictured at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2024. (Photo by PAU BARRENA / AFP)
(FILES) US multinational computer technology company Oracle's logo is pictured at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2024. (Photo by PAU BARRENA / AFP)

Tech giant Oracle on Wednesday said it plans to invest more than $6.5 billion on cloud services data centers in Malaysia, joining a list of US titans rushing to build up their AI infrastructure in Southeast Asia.

The firm said the cloud region would help organizations in the country modernize their applications, migrate their workload to the cloud and innovate with data, analytics and artificial intelligence.

Oracle is working to expand its cloud infrastructure business globally. The company recently projected it will surpass $100 billion in revenue in fiscal 2029, driven by increasing demand for cloud services.

Malaysia's new cloud region will be the firm's third in Southeast Asia, following two facilities in neighboring Singapore.

"Malaysia offers unique growth opportunities for organizations looking to accelerate their expansion with the latest digital technologies," Garrett Ilg, Oracle's executive vice president for Japan and Asia Pacific, said in a statement.

"Our multi-billion-dollar investment affirms our commitment to Malaysia as a regional gateway for cloud infrastructure as well as a comprehensive suite of software as a service applications deployed within Malaysia."

The statement also quoted Malaysia's Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz as welcoming the investment, saying it would help firms with innovative and cutting-edge AI and cloud technologies to boost their global competitiveness.

"Oracle's decision to establish a public cloud region in Malaysia underscores Malaysia's infrastructure readiness, and its growing position as a premier Southeast Asian destination for digital investments," he added.

Oracle is the latest global tech giant to announce major digital investments in Southeast Asia. Google-parent Alphabet said in May it would invest $2 billion to house the firm's first data center in Malaysia.

Google on Monday said it plans to invest $1 billion to build digital infrastructure in Thailand, including a new data center.

Amazon and Microsoft have also announced investments worth billions of dollars in the region as demand for AI hots up.

Malaysian Prime Minister Anwar Ibrahim on Tuesday announced that the country plans to develop a National Cloud Policy.