From Yahoo Finance: 2025-05-25 09:30:00

Saudi Arabia is partnering with Nvidia to build a 500-megawatt AI data center, advancing its Vision 2030 plan. The deal includes 18,000 GB300 Blackwell chips for Humain’s AI venture, marking a significant step in the global AI race. U.S. tech companies like AMD, Amazon, and Cisco are also forming strategic partnerships with Humain. Amazon Web Services announced a $5 billion plan to establish an AI Zone in Saudi Arabia. The Trump administration’s rollback of semiconductor export rules favors trusted allies like Saudi Arabia. Humain’s rise signals a shift in the global AI ecosystem, positioning the kingdom as a new power center in tech development.



Read more at Yahoo Finance: Nvidia’s 18,000-Chip Deal With Saudi Arabia’s Humain Puts Middle East ‘Front Of The Line,’ Says Wedbush’s Dan Ives