AI, Saudi Arabia and NVIDIA
Digest more
Shares of semiconductor manufacturer AMD were up Wednesday after a big stock buyback authorization. Here's what that means.
Saudi Arabia’s Crown Prince Mohammed Bin Salman launched Humain to develop and manage artificial intelligence technologies.
AMD and HUMAIN have partnered and launched a $10 billion initiative to boost AI. Takeaway Points AMD Partners with HUMAIN. The aim is to boost AI. HUMAIN will be in charge of end-to-end delivery, including hyperscale data centers and sustainable power systems.
Amazon says it'll work with Humain, the AI company recently launched by Saudi Arabia’s ruler, to invest '$5 billion-plus' in a strategic partnership.
Advanced Micro Devices shares jumped Wednesday, as the chip designer said its board approved a fresh $6 billion share buyback program.
Explore more
Saudi Arabia launched a new state-backed AI company ahead of President Donald’s Trump state visit to the Kingdom.
With HUMAIN, the kingdom aims to lead in regional AI innovation, challenging global dominance with homegrown infrastructure and language models.
Alongside the nebulous deal, Cisco said that it was extending its existing partnership with G42 to help deploy AI systems in the United Arab Emirates.
NVIDIA (NasdaqGS:NVDA) recently formed a significant partnership with HUMAIN, marking a pivotal advancement in AI development. Over the last month, NVIDIA's stock price rose by 17%, primarily driven by this collaboration and other strategic initiatives,
Nvidia and AMD stocks surged after landing major AI chip deals with Saudi Arabias Humain, a subsidiary of the Public Investment Fund. The multibillion-dollar agreements aim to supply advanced processors for massive AI data centers,