Edarat to invest SAR 150 million to expand cloud and AI infrastructure
Saudi-listed Edarat Communication and Information Technology (EDARAT) will invest SAR 150 million ($39.94 million) to expand its cloud infrastructure platform. The company cites strong demand for AI and high-performance computing services.
94 million) to expand its cloud infrastructure platform. The company said the spending is aimed at meeting strong demand for artificial intelligence (AI) and high-performance computing services.