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Saudi Arabia and US Forge AI Partnership with $600B Investment and Major Tech Deals

Crown Prince Mohammed bin Salman launches AI firm Humain, as the US shifts export policy to enable advanced chip sales and bolster Gulf AI infrastructure.

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RIYADH, SAUDI ARABIA - OCTOBER 24: Crown Prince of Saudi Arabia Mohammad bin Salman speaks during the second day of 'The Future Investment Initiative also known as an annual investment forum "Davos in the Desert" on October 24, 2018 in Riyadh, Saudi Arabia. (Photo by Bandar Algaloud / Saudi Kingdom Council / Handout/Anadolu Agency/Getty Images)
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Overview

  • Saudi Crown Prince Mohammed bin Salman unveiled Humain, a state-backed AI company under the Public Investment Fund, to drive AI development as part of Vision 2030.
  • The Trump administration rescinded Biden-era AI export restrictions, opting for country-specific agreements to enable advanced AI chip sales to Saudi Arabia and the UAE.
  • Nvidia will supply 18,000 advanced GB300 chips to Humain for a 500 MW data center, with plans to deploy hundreds of thousands of GPUs over the next five years.
  • AMD and Humain announced a $10 billion collaboration to establish 500 MW of AI computing capacity, while AWS committed $5 billion to create an 'AI Zone' in Saudi Arabia.
  • President Trump secured a $600 billion Saudi investment pledge, including significant AI and technology partnerships, during his Gulf tour to strengthen US-Gulf ties.