Edarat approves 150M Riyal cloud expansion
Eadarat Communications and Information Technology Company announced that its Board of Directors has approved an investment plan of 150 million SAR to expand the "Eadarat Cloud" system. The goal is to increase capacity in computing fields using graphics processing units (GPUs) and to meet the rising demand for artificial intelligence services and high-performance computing in Saudi Arabia. This move aims to keep pace with rapidly evolving technological changes and to enhance technological services, while assessing the financial impact upon the execution of contracts or purchase orders. Any material developments will be disclosed in accordance with applicable regulations.
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