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AMD and Saudi Arabia's Humain agree 500MW compute deal across the Kingdom and US
Newly launched Saudi Arabian AI venture Humain plans to deploy 500MW of data center compute over the next five years featuring AMD hardware. Together, sovereign-backed Humain and AMD will invest $10 billion in the joint effort, which will see facilities built in both Saudi Arabia and the US.
Shares of semiconductor manufacturer AMD were up Wednesday after a big stock buyback authorization. Here's what that means.
Saudi Arabia is going all-in on AIand it just roped in a major U.S. chipmaker to help lead the charge. The Kingdom's new AI ...
AMD said on Wednesday that its board of directors approved $6 billion in share buybacks. The stock climbed 8%. The ...
The oil barons of the Middle East have been trying to diversify out of carbon fuels and into other parts of the global ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Advanced Micro Devices (NASDAQ:AMD) just scored a huge win with a $10 billion, multi-year deal to power Saudi Arabia's new ...
Humain, the newly announced AI venture from Saudi Arabia's sovereign wealth fund, is partnering with Amazon Web Services. The ...
In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.
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