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Advanced Micro Devices (NASDAQ: AMD) has inked a multi-year, $10B investment partnership with HUMAIN, a new artificial intelligence enterprise launched in Saudi Arabia, the companies announced today.
AI already operates a data center in Memphis, Tennessee, and has plans for a second facility in the same city.
In an era defined by the race for artificial intelligence dominance, Saudi Arabia has entered the fray with HUMAIN, a newly launched AI company backed by the kingdom’s $600+ billion Public ...
Saudi Arabia announced AI development deals with four leading U.S. technology firms, chip companies NVIDIA and AMD, networking company Cisco and cloud platform Amazon Web Services.
With AMD partnering with Humain in Saudi Arabia, the query arises about AMD's ability to outperform NVIDIA and its investment potential.
Zain also said that the agreement outlines potential cooperation on training initiatives to boost local talent in the ICT and ...
AMD remains in a distant second place to Nvidia in terms of AI accelerator sales, but it seems to have found a big customer in Humain.
Newly launched Saudi Arabian AI venture Humain plans to deploy 500MW of data center compute over the next five years, featuring AMD hardware. Together, sovereign-backed Humain and AMD will invest $10 ...
Saudi Arabia and the UAE have emerged as central components in the Trump administration’s AI strategy. But interdependence ...
These efforts aim to enhance Saudi Arabia`s global competitiveness and reinforce its position as a regional hub for developing and deploying AI solutions across various sectors.
Saudi Aramco’s venture capital arm, Wa’ed Ventures, has backed a $30 million Series B funding round for local artificial ...
With AMD partnering with Humain in Saudi Arabia, the query arises about AMD's ability to outperform NVIDIA and its investment potential.