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.



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.