Humain, an AI business recently founded by Saudi Arabia’s sovereign wealth fund, will receive the first tranche of 18,000 of Nvidia’s newest “Blackwell” chips.
US President Donald Trump won $600 billion in investment from Saudi Arabia to US companies during a trip to the Gulf states. Trump wanted to visit the Middle East to attract trillions of dollars in investment.
As the oil country rolled out the red carpet for him at the start of a tour of Gulf states aimed at drumming up trillions of dollars in investments, many US technology companies announced artificial intelligence deals in the Middle East on Tuesday.
The deal was successful both ways.
Among the largest transactions, Nvidia announced that it will sell hundreds of AI chips in Saudi Arabia. Humain, an AI business recently founded by Saudi Arabia’s sovereign wealth fund, will receive the first tranche of 18,000 of Nvidia’s newest “Blackwell” chips, a high-performance AI chip developed to improve the performance of AI training and inference. Chip designer Advanced Micro also announced a $10 billion partnership with Humain.
Qualcomm Inc. was another company that announced an agreement with Humain, stating that it signed a memorandum of understanding (MoU) to develop and design a central processing unit (CPU) for data centres. Although it has not yet developed a product, the San Diego-based chip designer bought server CPU manufacturer Nuvia in 2021.
According to the White House, the Saudi Arabian company DataVolt will spend $20 billion on energy infrastructure and AI data centres in the United States.
The White House announced, without providing specifics, that Alphabet’s Google, DataVolt, Oracle Corp, Salesforce Inc., Advanced Micro Devices, and Uber will invest $80 billion in cutting-edge transformative technologies.
Trump will travel to the United Arab Emirates on Thursday. The Trump administration is getting close to a deal to permit the United Arab Emirates (UAE) to buy significant amounts of Nvidia’s AI chip technology.
Saudi Arabia, which is trying to make its economy less dependent on oil income, wants to position itself as a hub for artificial intelligence (AI) outside of the United States.
Saudi Crown Prince Mohammed bin Salman established Humain to create and manage AI technologies in the kingdom.
According to Nvidia and Humain, they will use Nvidia’s platforms to position Saudi Arabia as a world leader in digital transformation, AI, and GPU cloud computing.
The two businesses said in a joint statement that they will construct AI factories with a maximum capacity of 500 megawatts, which will house several hundred thousand Nvidia’s most cutting-edge GPUs over the next five years.
Humain’s partnership with AMD includes a plan to invest up to $10 billion to develop 500 megawatts of AI hardware infrastructure over the next five years.
Keith Strier, senior vice president of global AI markets at Advanced Micro Devices (AMD), stated that the Humain-AMD agreement includes hardware purchases and a partnership that helps Humain implement a next-generation AI cloud computing platform.
Lisa Su, CEO of AMD, stated that the company is creating a globally significant AI platform that offers unheard levels of performance, transparency, and reach.
Humain will manage delivery of data-crunching (the process of transforming raw data to make it ready for applications) to potential customers, with some capacity scheduled to go online in 2026. AMD will supply CPUs, GPUs, and software, which helps coordinate data-crunching.
Strier concluded the deal with AMD, assuring that Humain is not locked into using a single supplier of AI-related hardware.
Humain will function under the Public Investment Fund (PIF) and provide AI services and products such as data centers, AI infrastructure, cloud capabilities, and sophisticated AI models, which is chaired by bin Salman, Saudi Arabia’s de facto leader.
Humain CEO Tareq Amin stated on stage from Riyadh on Tuesday that it is a huge initiative for the kingdom since the country needs infrastructure and good basics to create an AI company.
