- In February, 2024 Microsoft introduced Copilot for Finance, a new AI-powered tool within Microsoft 365 designed to streamline financial tasks like reporting and analysis. This innovation promises increased efficiency and accuracy for finance professionals, benefiting Microsoft by enhancing the appeal and utility of its cloud services, potentially driving greater adoption
- In January, 2024 Microsoft expanded the Copilot for Microsoft 365 to include businesses of all sizes. The AI-driven tool enhanced productivity by automating routine tasks and providing advanced data insights. This also broadened Microsoft's market reach and strengthened its competitive edge, appealing to a wider range of business customers
- In August 2024, Oracle has launched its second public cloud region in Riyadh, Saudi Arabia, expanding its cloud infrastructure investment to USD 1.5 billion. This move supports Saudi Vision 2030 by enhancing AI innovation and business resilience. The new region, alongside the existing Jeddah region, strengthens Oracle’s cloud presence in the U.S.
