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Nvidia ( NVDA ) to sell AI chips to Saudi Arabia startup Humain
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AMD forms $10 billion strategic partnership with Humain
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Saudi Arabia invests $20 billion in U.S. AI data centres
(Adds information about Qualcomm ( QCOM ) deal in paragraph 3, details
about AMD-Humain deal in paragraphs 13, 15-17)
By Max A. Cherney and Stephen Nellis
May 13 (Reuters) - A number of U.S. technology firms on
Tuesday announced artificial intelligence deals in the Middle
East as U.S. President Donald Trump secured $600 billion in
commitments from Saudi Arabia to U.S. companies during a tour of
Gulf states.
Among the biggest deals, Nvidia ( NVDA ) said it will sell
hundreds of thousands of AI chips in Saudi Arabia, with a first
tranche of 18,000 of its newest "Blackwell" chips going to
Humain, an AI startup just launched by Saudi Arabia's sovereign
wealth fund. Chip designer Advanced Micro Devices ( AMD ) also
announced a deal with Humain, saying it has formed a $10 billion
collaboration.
Another company to announce a deal with Humain, was Qualcomm
Inc ( QCOM ), which said it signed a memo of understanding to
develop and build a data centre central processor (CPU). The San
Diego-based chip designer
bought
server CPU maker Nuvia in 2021 but has not yet released a
product.
Trump began his Gulf tour on Tuesday, kicking it off with the
signing of a strategic economic agreement with Saudi Arabia as
the oil power rolled out the red carpet. Trump's Middle East
visit aims to drum up trillions of dollars in investments.
The deals will flow both ways.
The White House said Saudi Arabian firm DataVolt will invest
$20 billion in AI data centres and energy infrastructure in the
United States. Alphabet's Google, DataVolt, Oracle
Corp ( ORCL ), Salesforce Inc ( CRM ), Advanced Micro Devices ( AMD )
and Uber ( UBER ) will invest $80 billion in cutting-edge
transformative technologies in both countries, the White House
said, without giving details.
Trump plans to visit the UAE on Thursday. The New York Times
on Monday reported that the Trump administration is nearing a
deal to allow UAE to buy large volumes of Nvidia's ( NVDA ) AI chips.
Saudi Arabia, which is seeking to make its economy less
dependent on oil revenue, aims to position itself as a hub for
AI and a leading centre for AI activity outside the United
States.
Saudi Crown Prince Mohammed bin Salman on Monday launched Humain
to develop and manage AI technologies in Saudi Arabia.
AI CHIP DEALS
Nvidia ( NVDA ) and Humain said they will leverage Nvidia's ( NVDA ) platforms
to establish Saudi Arabia as a global leader in AI, GPU cloud
computing and digital transformation.
In a joint statement, the two companies said they will build
AI factories with up to 500 megawatts of capacity that will
include "several hundred thousand" of Nvidia's ( NVDA ) most advanced
GPUs over five years.
In Humain's deal with AMD, the agreement includes a plan to
invest up to $10 billion to deploy 500 megawatts of AI hardware
infrastructure over five years.
The Humain-AMD deal, in addition to hardware purchases,
involves a collaboration that aims to help Humain implement a
next-generation AI cloud computing platform, according to Keith
Strier, AMD senior vice president of global AI markets.
"Together, we are building a globally significant AI
platform that delivers performance, openness and reach at
unprecedented levels," AMD CEO Lisa Su said in a statement.
With some capacity set to come online in 2026, Humain will
oversee the delivery of the data-crunching power to potential
customers, while AMD will provide CPUs, GPUs and its software
that helps orchestrate the data crunching.
Part of the rationale for closing a deal with AMD is to
ensure Humain isn't locked into using a single vendor for
AI-related hardware, Strier said.
"And now, in addition to building infrastructure, countries
recognize they need to do it in a very resilient way, in these
diverse ways," Strier said.
Chaired by bin Salman, Saudi Arabia's de facto leader, Humain
will operate under the Public Investment Fund and will offer AI
services and products, including data centres, AI
infrastructure, cloud capabilities and advanced AI models.
"In building an AI company, you need the foundation and the
infrastructure," Humain CEO Tareq Amin said on stage from Riyadh
on Tuesday. "It's a really, really big initiative for the
kingdom."