SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE H impact

AMD and Saudi PIF unit to invest up to $10 billion in AI infrastructure

AMD and Humain, a Saudi AI enterprise backed by the PIF, announced an investment of up to $10 billion to build next-generation AI infrastructure across Saudi Arabia and the US over five years, including deploying 500MW.

By Staff WriterGlobal semiconductor company AMD and Humain, Saudi Arabia’s new AI enterprise, have announced a landmark investment of up to $10 billion to build a next-generation AI infrastructure ecosystem spanning Saudi Arabia and the US.Over the next five years, the partnership will deploy 500MW…