Saudi Aramco Highlights Innovation in Pavilion at Esports World Cup Events

The pavilion includes an event titled "Virtual Reality Races on Jeddah Corniche Circuit," one of the main attractions offering visitors a unique experience through competitive races in a virtual environment simulating the famous Jeddah Corniche Circuit. (SPA)
The pavilion includes an event titled "Virtual Reality Races on Jeddah Corniche Circuit," one of the main attractions offering visitors a unique experience through competitive races in a virtual environment simulating the famous Jeddah Corniche Circuit. (SPA)
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Saudi Aramco Highlights Innovation in Pavilion at Esports World Cup Events

The pavilion includes an event titled "Virtual Reality Races on Jeddah Corniche Circuit," one of the main attractions offering visitors a unique experience through competitive races in a virtual environment simulating the famous Jeddah Corniche Circuit. (SPA)
The pavilion includes an event titled "Virtual Reality Races on Jeddah Corniche Circuit," one of the main attractions offering visitors a unique experience through competitive races in a virtual environment simulating the famous Jeddah Corniche Circuit. (SPA)

Saudi Aramco's pavilion at the Esports World Cup, the largest event in gaming history being held at Boulevard Riyadh City until August 25, stands out with three main activities that have caught visitors' attention and enriched their experience.

These activities are part of Aramco's ongoing efforts to boost interaction and engagement with the community through creative and innovative approaches.

The pavilion includes an event titled "Virtual Reality Races on Jeddah Corniche Circuit," one of the main attractions offering visitors a unique experience through competitive races in a virtual environment simulating the famous Jeddah Corniche Circuit.

Races are held twice daily, offering participants the chance to win daily prizes. Additionally, weekend races qualify winners for the grand prize provided by Aramco.

The experience not only provides entertainment but also fosters a competitive spirit and encourages technical skills among youth.

Aramco also presents visitors to its pavilion with a virtual experience titled "Aramco Vision," a two-minute virtual journey that takes visitors on a tour through the company's facilities.

It highlights major future projects like NEOM, providing visitors with a comprehensive view of Aramco's ambitious achievements and future ventures.

The third activity is the virtual racing experience at Boulevard Riyadh, which allows visitors to immerse themselves in the atmosphere of racing. The activity offers an immersive experience that enables visitors to test their abilities and skills in racing within a meticulously simulated real-world environment.

Through these activities, Aramco is emphasizing its ongoing commitment to boosting innovation and creativity across various fields, attracting youth to an enjoyable and challenging experience. This helps in strengthening the company's leading position in innovation and technology.



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.