VIDEO VENTURES

Zoom to invest $75 million in Saudi Arabia for AI data centers

Saudi telecom Mobily said it will lay down submarine cables in the Red Sea to improve cross-border connectivity with Africa

Zoom CEO Eric Yuan speaks at last year's Concordia Annual Summit in New York (Getty Images)

Video conferencing platform Zoom is building up its presence in Saudi Arabia. The company announced today at the LEAP25 conference in Riyadh that it will invest $75 million in the kingdom on projects connected to artificial intelligence and AI...