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AMD, Nvidia partner with Saudi startup to build multi-billion dollar AI service centers
The deals served as the coming out party for Humain, a state-backed artificial intelligence (AI) company that operates under the Kingdom’s Public Investment Fund (PIF) and is chaired by Crown Prince Mohammed bin Salman. The company is part of Saudi Arabia’s Vision 2030 strategy to diversify the Saudi economy away from just oil sales.
This Is My Top Artificial Intelligence (AI) Chip Stock to Buy in May (Hint: It's Not Nvidia or AMD)
While this bodes well for Nvidia and AMD, another industry darling is positioned to benefit from these tailwinds. Broadcom's AI business is thriving thanks to cloud hyperscalers, suggesting the stock could be an interesting buy.
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Some analysts believe that AWS alone could eventually be worth $3 trillion -- which is roughly Nvidia's current market cap.
Under agreements with the US expected to be unveiled in coming days, Saudi Arabia and the UAE are poised to win wider access ...
Nvidia CEO Jensen Huang will open Computex 2025 with a keynote focused on the company’s role in advancing artificial ...
Has the excitement surrounding artificial intelligence (AI) stocks cooled off? Many top AI stocks are down this year, ...
U.S. tech giants including Nvidia, AMD, and Qualcomm have signed major AI deals with Saudi Arabia's new startup Humain, ...
AMD trails Nvidia in AI chip technology with data center growth at 39% YoY (Q1) versus Nvidia’s 427%, Check out why I am ...
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