Nvidia's $600B Saudi AI Deal Puts Middle East 'Front of the Line' for Chips
Summary
Saudi Arabia's new AI venture Humain secured a deal with Nvidia for 18,000 of its latest AI chips, marking a bold move to become a global leader in artificial intelligence and diversify the kingdom's economy under its Vision 2030 plan, putting the Middle East 'front of the line' for global chip access ahead of rivals like China.
Key Points
- Saudi Arabia's AI venture Humain secured a deal with Nvidia to receive 18,000 of its latest AI chips, aiming to build a 500-megawatt AI data center.
- The deal marks a significant step in Saudi Arabia's Vision 2030 plan to diversify its economy and invest in cutting-edge technology, putting the Middle East at the 'front of the line' for global chip access ahead of China.
- Major US tech firms like AMD, Amazon, and Cisco have also formed multibillion-dollar partnerships with Humain to support its cloud infrastructure and connectivity, accelerating the development of regional AI capabilities.